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Homework: Chapter 5 Homework core: 0 of 1 lanning #7 (similar to): Selecting a CD Selecting a CD. Casey has S8,000 to invest in a

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Homework: Chapter 5 Homework core: 0 of 1 lanning #7 (similar to): Selecting a CD Selecting a CD. Casey has S8,000 to invest in a certificate of deposit. Her local bank offers her 5.74% on a 12-month FDIC-insured CD A non nancial institution offers Sa pt 13 of 13 (10 complete) Hw Score: 69.23%, 9 of 13 Question Help her 653% on a 12-month CD. What is the risk premim? What else must Casey consider n coosing between the two CDs? The risk premium is%. (Round to two decimal places.) Enter your answer in the answer box and thon click Check Answer part Clear A

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