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Casey has $1,000 to invest in a certificate of deposit. Her local bank offers her 2.50% on a twelve-month FDIC-insured CD. A nonfinancial institution offers
Casey has $1,000 to invest in a certificate of deposit. Her local bank offers her 2.50% on a twelve-month FDIC-insured CD. A nonfinancial institution offers her 5.20% on a 1twelve-month CD. What is the risk premium? What else must Casey consider in choosing between the two CDs
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
