Business, 27.09.2019 01:00 oof1231

Acustomer, age 69, has never invested in securities. she is retired with no dependents, living on a fixed pension of $35,000 per year. she has a savings account with $160,000 and her home is fully paid. she desires to supplement her retirement income, assuming minimal risk. the best recommendation would be for the customer to invest $100,000 of her cash savings into a(n):
a. variable annuity contractb. cmo planned amortization class tranchec. spdrd. income (adjustment) bond

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Acustomer, age 69, has never invested in securities. she is retired with no dependents, living on a...

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