A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. This customer is age 51 and earns $160,000 per year. He is willing to assume a moderate level of risk in pursuit of higher returns. This customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. You should tell the customer that the best way to make a private equity investment is to invest in a(n):
A. Hedge Fund
B. VC Fund
C. REIT
D. BDC

Question

17-04-2021
Business

contestada

A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. This customer is age 51 and earns $160,000 per year. He is willing to assume a moderate level of risk in pursuit of higher returns. This customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. You should tell the customer that the best way to make a private equity investment is to invest in a(n):
A. Hedge Fund
B. VC Fund
C. REIT
D. BDC

Respuesta :

Otras preguntas

Which of the following can best be seen as representative of President Andrew Jackson’s support of the “common man” over aristocratic elites? His fight against

The length of a rectangular garden is 9 feet longer than its width. The garden's perimeter is 206 feet. Find the width of the garden.

Car A travels at 45 miles per hour and Car B travels at a greater speed of x miles per hour. Write and simplify an expression that represents how many miles far

In what way did Mexicans contribute to the American war effort during World War I?

Which question can be answered by finding 1 1/4 divided by 1/2

write a quadratic function whose zeros are -2 and -10

which of the following is not a possible value for a probability

How did Mao's campaigns impacted the Chinese people

Please help me answer 1-6 ASAP

if y = -10 -x, find y when x = -2

topeadeniran2 topeadeniran2 · Answer 1 · 2021-04-19T03:44:19+02:00

Answer: BDC

Explanation:

The customer will be informed that the best way to make a private equity investment is to invest in a BDC.

A business development company (BDC) refers to a closed-end fund whereby investments are made in firms that are developing.

Business development companies are publicly traded and gives the investors high dividend yields. BDCs are considered to be good investment due to the fact that they yield high equities.