Visit the Bankrate.com home page at the following address: www.bankrate.com Search the site for information on CDs,

Question:

Visit the Bankrate.com home page at the following address:

www.bankrate.com

Search the site for information on CDs, money market accounts, and other interest-bearing products. Look for links under the “Compare Rates” menu.

Instructions
a. Prepare a table showing the current interest rates on Treasury bills, various CDs, and money market accounts.
b. If you were in charge of investing $1 million among the cash equivalents identified in part a, how would you make your allocation? Defend your answer.

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Related Book For  book-img-for-question

Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078025778

17th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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