Essay
Identify the risk and the return in each of the following examples.
a.Investing $500 in a CD at 4.5% interest.
b.Placing a $100 bet on an NBA game.
c.Investing $10,000 in Microsoft stock.
d.Borrowing $20,000 in student loans.
Correct Answer:
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a.The risk involved is that the investor...View Answer
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Correct Answer:
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