As a saver's wealth increases, explain whether each of the following is likely to become a smaller or a larger fraction of her portfolio.
(a) Corporate bonds
(b) Corporate stock
(c) Cash
(d) Checking account balance

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The Answer of As a saver's wealth increases, explain whether each of the following is likely to become a smaller or a larger fraction of her portfolio.
(a) Corporate bonds
(b) Corporate stock
(c) Cash
(d) Checking account balance

As a Saver's Wealth Increases, Explain Whether Each of the Following