You have a client who is about to retire and wants to rearrange his portfolio in order to have predictable income. Which of the following would NOT be a good investment vehicle?

You have a client who is about to retire and wants to rearrange his portfolio in order to have predictable income. Which of the following would NOT be a good investment vehicle?



A) Income bonds.

B) U.S. Treasury note.

C) AA rated IDB.

D) AA rated debenture.



Answer: A) Income bonds.


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