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Patricia Young is an individual investment advisor who uses a computer model to place each of her clients into an appropriate portfolio. The model analyzes a range of simulated portfolios and computes for each the probabilities of achieving various levels of return. Young then selects the portfolio that provides the highest probability of achieving the clients’ minimum required return. By using this process, Young is: A. violating Standard I(C) - Misrepresentation. B. violating Standard III(C) - Suitability. C. not violating the Standards. |