Question: Decide whether the following statement makes sense ( or is clearly true ) or does not make sense ( or is clearly false ) .
Decide whether the following statement makes sense or is clearly true or does not make sense or is clearly false Explain.
Im already retired, so I need lowrisk investments. That's why I put most of my money in US Treasury bills, notes, and bonds.
Choose the correct answer below.
A This makes sense because lowrisk is a smart choice for a retired person with limited monthly income.
B This makes sense because the safest investments are federally insured bank accounts and US Treasury bills; there's virtually no risk of losing the principal invested.
C This does not make sense because US Treasury bills are different than notes and bonds. The US Treasury bills are lowrisk while the notes and bonds are highrisk.
D This does not make sense because US Treasury bills, notes, and bonds are highrisk investments that offer prospects of higher returns, along with the possibility of losing the principal.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
