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A customer retires at age 65 and rolls over his 401(k) of $850,000 In equities...

A customer retires at age 65 and rolls over his 401(k) of $850,000 In equities into an Individual retirement account (IRA). This Is his entire portfolio, and he is concerned about the stock market collapsing and ruining his portfolio. The customer is most concerned with which type of risk?

A.

political

B.

Inflation

C.

Systematic

D.

Interest rate

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