An closest example of a risk-free security is a. General Motors ...

[krzymel]

An closest example of a risk-free security is
 a. General Motors bonds
  b. AT&T commercial paper
  c. U.S. Government Treasury bills
  d. San Francisco municipal bonds
  e. an I.O.U. that your cousin promises to pay you 100 in 3 months

Question 2

A franchisee is likely to command_____ earnings than a salaried manager
 a. Higher
 b. Lower
 c. The same
 d. None of the above

[mathjasmine]

Answer to Question 1

c

Answer to Question 2

a

[krzymel]

Excellent

[xiaomengxian]

Great answer, keep it coming