Business, 18.04.2021 01:00, jwbri

A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. This customer is age 51 and earns $160,000 per year. He is willing to assume a moderate level of risk in pursuit of higher returns. This customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. You should tell the customer that the best way to make a private equity investment is to invest in a(n): A. Hedge Fund
B. VC Fund
C. REIT
D. BDC

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A client of yours has heard about private equity investing from some wealthy friends and asks you, t...