Larry is a few years away from retirement. Which of the following portfolios is appropriate for Larry?
A) 15% bonds, 65% large- and small-cap stocks, 20% foreign stocks
B) 30% bonds, 50% large- and small-cap stocks, 20% foreign stocks
C) 70% bonds, 25% large- and small-cap stocks, 10% foreign stocks
D) 45% bonds, 40% large- and small-cap stocks, 15% foreign stocks
Correct Answer:
Verified
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