PFIN 7:STUDENT EDITION-TEXT
PFIN 7:STUDENT EDITION-TEXT
7th Edition
ISBN: 9780357033616
Author: Billingsley
Publisher: CENGAGE L
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Chapter 4, Problem 8FPE

Determining the right amount of short-term, liquid investments. Ella and Aaron Martin together earn approximately $92,000 a year after taxes. Through an inheritance and some wise investing, they also have an investment portfolio with a value of almost $200,000.

  1. a. How much of their annual income do you recommend the Martins hold in some form of liquid savings as reserves? Explain.
  2. b. How much of their investment portfolio do you recommend they hold in savings and other short-term investment vehicles? Explain.
  3. c. How much, in total, should they hold in short-term liquid assets?
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Ella and Aaron Martin together earn approximately $92,000 a year after taxes. Through an inheritance and some wise investing, they also have an investment portfolio with a value of almost $200,000. a. How much of their annual income do you recommend the Martins hold in some form of liquid savings as reserves? Explain. b. How much of their investment portfolio do you recommend they hold in savins and other short-term investment vehicles? Explain. c. How much, in total, should they hold in short-term liquid assets?
Ella and Aaron Martin together earn approximately $92,000 a year after taxes. Through an inheritance and some wise investing, they also have an investment portfolio with a value of almost $200,000. a. how much of annual income do you reccoment they hold in liquid savings as reserves? why? b. How much of their investment portfolio do you reccoment they hold in savings and other short term vehicles? Explain. c. How much, in total, should they hold in short term liquid assets?     Determine the right amount of short term, liquid assets.      (Explain.)     (Explain.)     How much in total in liquid assets:
Finance 3. Tyler and Sarah earn approximately $93,000 a year after taxes. They have an investment portfolio of $177,000. How múch should they have in liquid savings for emergencies? How much of their investment portfolio should be in short-term investments? How much, in total, should they hold in short-term liquid assets
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