单选题 Which of the following return objectives is most likely the primary objective given a 70 year-old widow who owns a portfolio comprised of 100 percent Treasury bonds?

A、

A. Capital appreciation.
B、

B. Current income.
C、

C. Capital preservation.

【正确答案】 C

【答案解析】Owning mainly fixed-income securities would generally rule out capital appreciation and total return as appropriate return objectives. The fact that these are Treasury bonds suggests that capital preservation is a higher priority than current income.