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Which of the Following Is Not True Regarding the Life-Cycle

Question 15

Multiple Choice

Which of the following is not true regarding the life-cycle approach to investment?


A) It is most appropriate for institutions.
B) It automatically becomes more conservative as the investor nears retirement age.
C) It is suited to 401(k) plans.
D) It can be implemented using life-cycle (also known as target-date) funds.

Correct Answer:

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