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Mathematics, 16.07.2020 19:01, uchapman6286
Cathy received a gift of $2,000 to buy a new car when she graduates in a year. She decides to use this money to purchase stock in a new, alternative energy company. Is this a good investment decisions?
A. No, because she will need money a year from now. Generally, stocks are long term investments. It is very unlikely that she will get a return on her investment in a year.
B. Yes, because alternative energy companies guarantee investors a minimum yearly profit.
C. Yes, because the FDIC insures this type of investment.
D. No, she should have invested in technology instead.
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Cathy received a gift of $2,000 to buy a new car when she graduates in a year. She decides to use th...
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