问题如下图:
选项:
A.
B.
C.
解释:
测试一下下一个结果提问测试
NO.PZ2018110601000006 问题如下 The Refamily hthe investable assets of $1.2 million. Tom, the portfolio manager of the Refamily, follows a goals-baseapproato asset allocation anoffers three possible portfolios to consir. The Reexpress a very strong sire to funtheir chilen’s college ecation expenses, which have estimatepresent value of $250,000. Given ththe chilen will starting college soon, whiportfolio is most appropriate? Portfolio 1 Portfolio 2 Portfolio 3 A is correct. 考点:goal-based approach 解析:教育支出的现值为$250,000,支付的时间就在近期,而Re家对于实现这笔目标的意愿很强(very strong sire),所以portfolio需要有很强的流动性和稳定性,Portfolio 1中cash占比最高,所以选A。 这里的定语从句是说他的教育支出是25万,但题干明显是在问120m的总组合怎么投资,我认为是要商榷的,25/120=21%,应该选择cash+low risk assets最接近这个数字的才对。
NO.PZ2018110601000006
NO.PZ2018110601000006
NO.PZ2018110601000006 Portfolio 2 Portfolio 3 A is correct. 考点goal-baseapproa解析教育支出的现值为$250,000,支付的时间就在近期,而Re家对于实现这笔目标的意愿很强(very strong sire),所以portfolio需要有很强的流动性和稳定性,Portfolio 1中cash占比最高,所以选.如果还有个是cash100%该怎么选?
Portfolio 2 Portfolio 3 A is correct. 考点goal-baseapproa解析教育支出的现值为$250,000,支付的时间就在近期,而Re家对于实现这笔目标的意愿很强(very strong sire),所以portfolio需要有很强的流动性和稳定性,Portfolio 1中cash占比最高,所以选这里流动性需求应为250/1200=20%多,感觉只要满足现金和债券的配置比例略微超过20%就可以了,为啥答案需要浪费这么多比例放到债券上呢?