Kristin Earhardt is a 26-year-old management trainee at a large chemical company

Question

Kristin Earhardt is a 26-year-old management trainee at a large chemical company. She is single and has no plans for marriage. Her annual salary is $34, 000 (placing her in the 1 5% tax bracket), and her monthly expenditures come to approximately $1 ,500. During the past year or so, Kristin has managed to save around $8, 000, and she expects to continue saving at least that amount each year for the fore-seeable future. Her company pays the premium on her $35,000 life insurance policy. Because Kristin

Explanation / Answer

i will suggest she should invest in the municipal bond, because it had got a fixed rate of interest. and i all case i see there is a chance of taking some more risk than this. And goning towards share market will lead to a speculative and a heavy risk.

Because Share market are always uncertain.

Related Questions

Navigate

• Browse (All)
• Browse K
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.