American_Bankers_Association
CTFA · Question #52
CTFA Question #52: Real Exam Question with Answer & Explanation
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Question
The amount of liquid funds will vary with your personal circumstances and comfort level. Another useful liquidity guideline is to have a reserve fund equal to:
Options
- A3 to 6 months of income
- B3 to 6 months of after tax income
- C4 to 8 months of after tax income
- D6 to 12 months of income
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