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You Have $3,000 to Invest, but Will Need the Funds

Question 99

Multiple Choice

You have $3,000 to invest, but will need the funds in a year to make a tuition payment. You should


A) put the money in a corporate bond.
B) buy a one-year CD.
C) buy stocks of relatively stable firms that have low risk.
D) invest in a diversified stock mutual fund.

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