An individual with $100,000 to invest will require these funds in six months for the purchase of a house. In which of the following circumstances did the agent act correctly?A) The agent convinced the client to invest in an IPO on the basis of its high growth prospects.B) The agent convinced the client to invest in a real estate partnership as a hedge against the rise of real estate values until the client purchases the house.C) The agent convinced the client to invest in a Treasury bill on the basis of its safety.D) The agent convinced the client to purchase a $100,000 lump sum annuity on the basis of its security and backing by an insurance company.
