A 68-year old new customer has investment objectives of preservation of capital and income in retirement. the customer has a low risk tolerance and is in the 35% margin federal tax bracket and is in the 10% state tax bracket. Which investment recommendation would be most suitable for this client

C. Pre-refunded general obligation bonds

Explanation:

For investor who has low-risk tolerance, Pre-refunded general obligation bonds  will be the best options.

Issuer of Pre-funded Obligations already held the  money that he will use for payment and put that money in an escrow. The purchaser of the obligations can retrieve the money from the escrow as soon as the obligation meets its maturity date.

This means that this type of bonds provide almost no risk for the investors, but the return typically smaller compared to other form of investment.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know