Select the correct conclusion based on the meaning of the bold word:
Statement: After his father's death, he became a prodigal of his fortune.
Conclusion:
i. He gained wisdom and spent money cautiously.
ii. Being the only heir, he inherited all his father's wealth.
iii. He squandered his wealth recklessly and lost all he had.
iv. He assumed the responsibility of increasing his father's fortune
The correct answer is A
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