Not all financial assets are the right vehicle for everyone. Give an example of someone for whom

Question:

Not all financial assets are the right vehicle for everyone. Give an example of someone for whom a certificate of deposit would be useful. Also give an example of someone for whom a certificate of deposit would be a bad choice.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

See More Books

Question Posted: Jun 21, 2019 07:31 AM

See More Questions

Give an example of jury nullification that would be bad.
Give an example of a future cost that is not relevant.
Give an example of a) right-way risk and b) wrong-way risk.
Internal Company Assessment (Strategic Analysis Output) on Riise Ev converting Canada post delivery cars to electronic finding out firm strengths weakness liabilities problem constraints...
A linear transformation L: V W is said to be one-to-one if L(V1) = L(v2) implies that v1 = v2 (i.e., no two distinct vectors v1, v2 in V get mapped into the same vector w W). Show that L is...
(Job's Wife and Ha-Satan), what are your thoughts on the different characters in the Prologue (God, the Accuser, Job, and Job's wife)? Do any of the characters and their interactions with one another...
What is the difference between information and communication?
Guzman Inc. operates the Home Appliance Division as a profit center. Operating data for this division for the year ended December 31, 2014, are shown: In addition, Guzman incurs $150,000 of indirect...
What are the three conditions that must be proven for an auditor to be found negligent under tort law? Based on a review of the legal cases, which conditions appear to be most difficult to prove?...
Campus Theater adjusts its accounts every month. The companys unadjusted trial balance dated August 31, 2015, is on page 176. Additional information is provided for use in preparing the companys...
Financial innovations can have dramatic effects. Explain how and why NOW accounts came about and the impact they have had on financial markets.
Demand deposit and NOW accounts are commonly referred to as: a. Savings accounts. b. Passbook accounts. c. Checking accounts. d. Non transaction accounts.
What is an intelligent factory?
What makes a set of objects a vector space? You will no doubt want to refer to notes and the text, but I'd like you to summarize it for starters. If you have identified a vector space, for example...
Walla Walla Company is in its planning stage for next year. Walla Walla expects a big Quarter 3 and is creating a production budget to determine if it needs to hire more employees. Walla Walla knows...
Task: P9 P9a P9b P9c P9d Describe the principles and applications of electromagnetic induction Describe using a series of bullet point statements, how transformers work and how their operation...
Based on the given information, analyse company's financial health and provide future projections. Unit FY16 FY17 FY18 FY19 Sales Rs. Cr 134 245 371 1,159 PAT Rs. Cr (281) (585) (78) (571) Assets Rs....
OBJECTIVE QUESTIONS 1. In each of the following only one statement/item is correct. State which. (i) Financial Accounting helps in (a) ascertaining the financial position of the concerned firm, (b)...
The CobbDouglas production function for a product is N(x, y) = 10x 0.8 y 0.2 where x is the number of units of labor and y is the number of units of capital required to produce N units of the...
A routine activity such as pumping gasoline can be related to many of the concepts studied in this text. Suppose that premium unleaded costs $3.75 per gal. Work Exercises in order. Use the...
Following the end of World War II in 1945, the Reichsmark, the German currency, lost so much value that a barter economy developed. During this period, many Germans used U.S. cigarettes as currency....
A student makes the following statement: If the money supply in a country increases, then the level of total production in that country must also increase. Briefly explain whether you agree with this...
A student makes the following statement: If the money supply in a country increases, then the level of total production in that country must also increase. Briefly explain whether you agree with this...
Mediocre Company has sales of $120,000, fixed expenses of $24,000, and a net income of $12,000. If sales rose 10%, the new net income would be: Question 18 options: $16,800 $36,000 $13,200 $15,600
1. Why might managers of small restaurants decide not to adopt the standard work hour approach to controlling labour cost? (minimum 150 words )
Which statement is true regarding the U.S. GAAP impairment test for limited life intangibles? A. U.S. GAAP impairment is likely to be greater than IFRS impairment. B. The impairment test for limited...

Not all financial assets are the right vehicle for everyone. Give an example of someone for whom

Question:

Step by Step Answer:

A single person who has saved some money and wa...View the full answer

Money, Banking, Financial Markets and Institutions

Students also viewed these Business questions