Loose-Leaf Essentials of Investments
10th Edition
ISBN: 9781259604966
Author: Kane, Alex, Marcus Professor, Alan J., Bodie Professor, Zvi
Publisher: McGraw-Hill Education
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Question
Chapter 21, Problem 3PS
Summary Introduction
To determine:
The type of investors that would be interested in a target date retirement fund and why so.
Introduction:
Target date retirement funds are funds generally suited for investors who invests for longer period and for a particular set of time. It automatically resets the assets mix of stocks, bonds, cash etc based on duration of investment.
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Chapter 21 Solutions
Loose-Leaf Essentials of Investments
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