In Order to Plan Long Term,you Consider What the Client

question 22

Multiple Choice

In order to plan long term,you consider what the client of the future will look like.Which of the following client profiles would best capture shifting demographics and trends in health care?

• A) Younger, knowledgeable about health options
• B) Female, uses emergency care services for parents and children
• C) Older, one or more chronic disorders, diverse background
• D) Male, various occupationally generated disorders, diverse ethnic background

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Definitions:

Annualized Yield

The yearly return on an investment, expressed as a percentage, accounting for compounding interest.

Maturity

The specified time in the future when the principal amount of a financial instrument, such as a bond, becomes due and is repaid to the investor.

Bonds

Fixed-income investments representing loans made by an investor to a borrower, typically corporate or governmental.