Suppose your first job pays you $28,000 annually. What percentage should your cash reserve contain? How much

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Suppose your first job pays you $28,000 annually. What percentage should your cash reserve contain? How much life insurance should you carry if you are unmarried? How much if you are married with two young children?

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Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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Question Posted: Dec 17, 2014 10:33 AM

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Suppose your first job pays you $28,000 annually. What percentage should your cash reserve contain? How much

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Most experts recommend that about 6 months worth of living expenses be held in cash rese...View the full answer

Investment Analysis and Portfolio Management

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