You Have $5000 to Invest for Short-Term Liquidity Needs (Your

Multiple Choice

You have $5000 to invest for short-term liquidity needs (your emergency fund) . Which of the following investments would be best?

A) A 90-day T-bill that pays $73 in interest for the period
B) A one-year GIC that pays $320 for the year
C) A 270-day cashable term deposit that pays interest of $234.40 for the period
D) A 180-day T-bill that pays interest of $152.50 for the period