Rank the following from most suitable to least suitable for a client whose primary objective is income:
Cumulative preferred stock
Cyclical common stock
Large-cap stock
Warrant
A)I, II, III, IV
B)I, III, II, IV
C)III, II, IV, I
D)III, I, IV, II
Answer: B)I, III, II, IV
1. Cumulative Pref. Stock
2. Large-Cap Stock
3. Cyclical Common Stock
4. Warrant