Author Question: Your grandmother calls you for advice on where to invest 3000 she received from selling an antique ... (Read 86 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?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library