单选题 Joe Finn is a highly paid corporate executive who will retire in two years. Over 25 years ago, Finn bought a large portfolio of growth stocks that has performed quite well. Finn has asked his financial adviser to consider switching from stocks to high-yielding bonds. The investment issue of greatest concern in implementing this strategy will be:

A、

A. liquidity needs.
B、

B. time horizon.
C、

C. tax considerations.

【正确答案】 C

【答案解析】Always look for tax issues hidden in portfolio management questions. Here, how to handle the large capital gains from the stock portfolio will be the most important issue.