John and Jane Doe recently retired and are meeting with you their financial planner. You have completed an investor suitability questionnaire and determined their biggest need is income and they are agreeable to taking some calculated risk to gain a higher return. What portfolio of investments would be considered most appropriate for John and Jane?
a. High Yield Bond Mutual Fund, Derivative Securities, Common Stock
b. Municipal Bonds, High Yield Bond Mutual Fund, Treasury Bonds
c. Small Cap Stock, High Yield Bond Mutual Fund
d. All of the Above
c. Small Cap Stock,... View the full answer