A Financial Advisor Has Recommended Three High-Risk High-Yield Investments and Four

question 262

Multiple Choice

A financial advisor has recommended three high-risk high-yield investments and four low-risk low-yield investments to one of her clients. In how many ways can the client select one of each
Type of investment for his portfolio?

• A)7
• B)12
• C)64
• D)81

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Definitions:

Nordstrom

A high-end department store chain known for its customer service and product selection.

Saks Fifth Avenue

A high-end American department store chain known for offering luxury goods and designer apparel.

Bloomingdale's

An American luxury department store chain founded in New York City, known for selling designer brands and high-end merchandise.

Community Shopping Center

A retail location that typically has one primary store (usually a department store branch) and often 20 to 40 smaller outlets, serving a population of consumers who are within a 10- to 20-minute drive.