Business, 06.11.2021 02:50, ayoismeisjjjjuan

Avery has $5,000 to invest for the future. The local bank offers Avery 3% on a 12-month FDIC-insured CD. Lemonade Inc., a new startup, offers 10.5% on a 12-month investment opportunity. What is the risk premium between the two offers

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Avery has $5,000 to invest for the future. The local bank offers Avery 3% on a 12-month FDIC-insured...