What is the opportunity cost of having excessive amounts of liquid funds?
Answer to relevant QuestionsWhat two factors affect the return on short- term investments? What investments should you consider to achieve liquidity and an adequate return? On June 1, Mia deposited $ 4,000 in an MMDA that pays 5% interest. On October 31, Mia invested $ 2,000 in a three- month CD that pays 6%. At the end of the year, how much interest will Mia have earned, assuming she hasn’t ...Bart is a college student who has never invested his funds. He has saved $ 1,000 and has decided to invest it in a money market fund with an expected return of 2.0%. Bart will need the money in one year. The MMF imposes fees ...Name and explain at least three tactics used by identity thieves to obtain information. What are three advantages of using a credit card? Can you think of any disadvantages?
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