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Should the Jordans sell the bonds and invest in the partnership?

8.Add your calculated values from questions 4 to 7. What is the total sum of the values of the couple’s savings?
9.The Jordans’ broker, I.M. Slick, has recommended that they sell the zero-coupon bonds in their IRAs and invest the proceeds in a real estate limited partnership. This venture offers the opportunity for a 15 percent annual return. But, it also carries substantial risk. I.M. Slick will receive a commission of 8 percent of the monies invested in the partnership. Do you think this is an appropriate investment recommendation for Mr. Slick to make? Why or why not? Should the Jordans sell the bonds and invest in the partnership? Why or why not?

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