Let’s suppose that your friend Marty has just inherited $1,000,000 in cash. He knows that you have completed a class in Portfolio Analysis and wants you to help him invest the money. Marty is 30 years old, married, with two children ages 2 and 4. Marty is a computer engineer and is progressing in his career; his wife is a stay-at-home mom. Marty’s employer provides …
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