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QUESTION

There are four steps in solving one’s personal financial challenges: 1. considering opportunity costs 2. assessing risks and returns 3. setting short- and long-term goals 4. assessing needs and wan

There are four steps in solving one’s personal financial challenges:

1. considering opportunity costs

2. assessing risks and returns

3. setting short- and long-term goals

4. assessing needs and wants

Which of these is the correct order of these steps?

2, 3, 1, 4

1, 2, 3, 4

4, 1, 2, 3

3, 1, 4, 2

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