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

What investment options are open to Kristin? A:Investment options are open to Kristin are blue-chip stocks, Debentures, corporate bonds, Treasury bills because she doesn

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