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09-05-2024
Business

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Jonas, age 66 , receives a monthly retirement income of $2,000 that is indexed to the cost of living. His RRSPs consist of the following: $30,000 in an international equity fund and $20,000 in a global bond fund. To which of the following risks is Jonas most exposed?
a. Interest rate risk.
b. Foreign exchange risk.
c. Liquidity risk.
d. Inflation risk.

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