5. Which instrument does not have a zero default risk for a $100,000 investment? (LO 11-1) a....

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5. Which instrument does not have a zero default risk for a $100,000 investment? (LO 11-1)

a. A Federal Deposit Insurance Corporation (FDIC)

account

b. A National Credit Union Association (NCUA)

account

c. A mutual fund account

d. U.S. Treasury bills

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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