Mathematics, 02.07.2019 15:00 chaparoonie15
Stephanie wants to take $10,000 out of her bank savings account and put it in a certificate of deposit (cd) that charges a penalty if she withdraws the money before two years are over. what is the economic trade-off in this investment? 1.higher returns for more risk 2.higher returns for higher liquidity 3.higher returns for higher volatility 4.higher returns for lower liquidity
Answers: 1
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