Question
A. Investing in a money market mutual fund is a higher risk than investing in a certificate of deposit because unlike CDs, money market funds
A. Investing in a money market mutual fund is a higher risk than investing in a certificate of deposit because unlike CDs, money market funds
a) are not insured by the FDIC.
b) are not protected by the Securities and Exchange Commission.
c) do not earn a fixed interest rate.
d) must be held for a preset amount of time.
B. An example of equity is
a) a treasury bond.
b) a treasury bill.
c) a share of stock.
d) a long-term certificate of deposit.
C. An example of blue chip stock might be
a) a new start-up firm.
b) a foreign-owned company that operates in another country.
c) an established company that is traded over the Internet.
d) a large, well-known company traded on the NYSE.
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