Reading 19: Life-Cycle Investing －LOS b~Q1 white, class, black, style

mayanfang1

Q1. An investor’s wealth classification is determined by the:

A)   investor’s age and total financial assets.

B)   ratio of assets to liabilities.

C)   amount of discretionary wealth relative to total assets.

mayanfang1

答案和详解如下：

Q1. An investor’s wealth classification is determined by the:

A)   investor’s age and total financial assets.

B)   ratio of assets to liabilities.

C)   amount of discretionary wealth relative to total assets.

Correct answer is C)

An investor’s wealth classification is determined by the amount of discretionary wealth relative to the investor’s total assets.