Portfolio Management Qbank question
Which of the following return objectives is most likely the primary objective given a 70 yearold widow who owns a portfolio comprised of 100% Treasury bonds?
A) Current income.
B) Capital preservation.
C) Capital appreciation.
the answer is B , but i guess the answer shoud be A
as capital preservation is an appropriate goal when funds will be needed in the near future , plus fixed income securities provide a fixed coupon , ie; current income to supplement sources of income to meet living expenses . thats what i understand , am i missing anything ? |
发表于 2013-4-8 12:40
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