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Dan Newsmith is 35 and was recently promoted to regional sales manager of a national trading company. Newsmith has no credit card debt, he does not have an automobile loan, and his home is mortgage free. Newsmith’s salary and bonus more than adequately cover living expenses. Given this brief profile, classify Newsmith’s ability to tolerate risk when investing excess funds. A. Low-to-moderate risk tolerance. B. Not enough information to tell. C. Moderate-to-high risk tolerance. |