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Consider four different financial products you can invest in: 1. A 12-month certificate of deposit that earns 2% annual interest. 2. A par 1-year risk-free
Consider four different financial products you can invest in: 1. A 12-month certificate of deposit that earns 2% annual interest. 2. A par 1-year risk-free bond with a 2% annual coupon. 3. A par 1-year risky bond with a 3.5% annual coupon. 4. A $100 per share value stock that typically pays a 24% dividend annually. Which of these is the safest? Safe should include the ability to never drop in price. State at least 2 reasons WHY you selected one or more securities OR why you did NOT select the other one/ones
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