Author Question: The inclusion of assets from countries that are less sensitive to the U.S. business cycle reduces ... (Read 72 times)

pragya sharda · **on:** Jul 10, 2018

The inclusion of assets from countries that are less sensitive to the U.S. business cycle reduces the portfolio's responsiveness to market movement and to foreign currency fluctuation.

Indicate whether the statement is true or false

Question 2

James plans to fund his individual retirement account, beginning today, with 20 annual deposits of 2,000, which he will continue for the next 20 years.

If he can earn an annual compound rate of 8 percent on his deposits, the amount in the account upon retirement will be ________.
A) 19,636
B) 91,524
C) 98,846
D) 21,207