which of the following investments paid the highest rate of return?
(a) a corporate bond that paid $72 per year in interest and that cost $600 to purchase
(b) a money market fund that paid 8 percent interest
(c) a corporate stock that cost $40 to buy and that paid dividends of $2 per share
(d) a 9.5 percent certificate of deposit
My answer is B. Am I correct?
2 answers
No.
Are you guessing? Or did you figure out the rate for each choice?
0 answers