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Exhibit 15 -Refer to Exhibit 15

question 19

Multiple Choice

Exhibit 15.1
Use the Information Below for the Following Problem(S)
A portfolio manager is trying to establish a strategic asset allocation for two different clients, Bob Bowman and Tom Luck. Bob Bowman has a risk tolerance factor of 22 and Tom Luck has a risk tolerance factor of 6. The characteristics of the three model portfolios under consideration are provided in the table below.
$\begin{array}{c}\begin{array}{lll}\text{Asset Mix}\end{array}\begin{array}{lll}&&&\end{array}\begin{array}{lll}Expecterd\end{array}\end{array}$
$\begin{array}{cllcc}\text { Portfolio } & \text { Stock } & \text { Aond } & \begin{array}{c} \\\text { Return }\end{array} & \text { Variance } \\\hline \text { A } & 0.75 & 0.25 & 0.12 & 0.45 \\\text { B } & 0.4 & 0.6 & 0.08 & 0.16 \\\text { C } & 0 . & 0.7 & 0.05 & 0.66\end{array}$
-Refer to Exhibit 15.1.The recommended portfolio for Bob Bowman is

Understand the implications of dying without a will (intestate) and the distribution of one's estate in such scenarios.

Recognize the legal tools available for planning end-of-life decisions, including durable power of attorney.

Distinguish between sound and unsound mind in the context of will execution and contestation.

Understand the rights of non-direct descendants and unconventional family members in inheritance matters.

Definitions:

Confusion

A state of being bewildered or unclear in one's mind about something, often resulting from lack of understanding or clear thinking.

Fever

An increase in body temperature above the normal range, often due to an underlying illness or infection.

Breast Examination

A clinical procedure conducted to detect abnormalities in the breast tissue, often used for cancer screening.

Tickler File

A reminder file for keeping track of time-sensitive obligations.