A client in the accumulation phase asks whether to prioritize paying off a 3.5% mortgage or investing additional funds. Which framework best guides this recommendation?
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A
Opportunity cost analysis comparing after-tax mortgage rate to expected after-tax investment returns
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B
Always pay off debt before investing regardless of interest rate
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C
Invest if the stock market is performing above average this year
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D
Defer the decision until the client reaches age 50