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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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