History, 20.11.2019 22:31, TelestoisaMoon4437

Michael began saving for his daughter tamara's college education the year she was born. initially he invested most of his money in mutual funds.
now that tamara is fifteen and college is two years away, he has moved most of his money to certificates of deposit. which reason best explains
why he rebalanced his investment portfolio?
a. to reduce risk
b. to reduce taxes
c. to increase liquidity
d. to increase potential rates of return

Answers: 1

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Michael began saving for his daughter tamara's college education the year she was born. initially he...