portfolio 3

问题如下：

6. Based on Exhibit 1, which portfolio best meets the Laws’ education goal for their children?

选项：

Portfolio 1

Portfolio 2

Portfolio 3

解释：

A is correct.

Portfolio 1 best meets the Laws’ education goal for their children. The estimated present value of the Laws’ expected education expense is $275,000. Given that the children will be starting college soon, and the Laws have a very strong desire to achieve this goal, Portfolio 1, which stresses liquidity and stability, is most appropriate to meet the Laws’ short-term education goal.

考点：goal-based approach

解析：Law的子女教育资金需求，有两处关键词，一处在正文第一段“soon begin college”，一处在第三段，“very strong desire to fund”，所以教育费用重点考虑的就是流动性和可靠性，流动性最强的是现金，比较可靠的投资产品是fixed income，所以A选项最合适。