Author Question: Your grandmother calls you for advice on where to invest 3000 she received from selling an antique ... (Read 84 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
Your grandmother calls you for advice on where to invest 3000 she received from selling an antique piece of furniture. She knows you have taken business classes, so she wants you to guide her toward an investment that will help maintain the value of her money. You know that your grandma needs an investment for capital preservation, so you tell her to:
 A) invest in the stock market-technology stocks are hot right now.
  B) invest in corporate bonds.
  C) invest in a CD; she may get 2.25 interest rate.
  D) try short selling.
  E) purchase stock options.

Question 2

Suppose you have just inherited 10,000 from an uncle that passed away. You would like to invest this money so that it will grow and you can use it in the future to help supplement your retirement. Which of the following is an appropriate investment for growth?
 A) Certificates of deposit
  B) Money market accounts
  C) Foreign stocks
  D) Corporate bonds
  E) Checking accounts



ms_sulzle

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library