Personal Finance, Student Value Edition (8th Edition) (The Pearson Series in Finance)
Personal Finance, Student Value Edition (8th Edition) (The Pearson Series in Finance)
8th Edition
ISBN: 9780134730851
Author: Arthur J. Keown
Publisher: PEARSON
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Chapter 12, Problem 1DC1
Summary Introduction

To determine:

Most appropriate stock for S in terms of risk tolerance, time frame and goal.

Introduction:

Risk tolerance is the ability of an investor to experience the ups and downs of share market.

Time frame is the period of investment of money in the share market.

Goal is the desired result from the investment of money in the share market.

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