The account that I recommend for Janelle for saving towards her textbooks, which she buys every six months, is a <u>Certificate of Deposit</u>.
<h3>What is a Certificate of Deposit?</h3>
A certificate of deposit is a fixed deposit account offered by banks and other financial institutions.
The advantage of a certificate of deposit over an ordinary saving is that it has a fixed interest rate and the rate is premium, that is higher than the ordinary savings account's interest rate.
Thus, since Janelle does not require the amount until six months, it would be better for her to choose a certificate of deposit that will earn a higher interest.
Learn more about certificates of deposit at brainly.com/question/1874937
Answer:
Abnormal change in Ford's stock = -1.80%
Explanation:
Abnormal change in return Ford's stock change =Increase in Ford's Stock change -Beta*Change in Ford's Stock Price
=7% -1.1*8% =-1.80%
Answer:
he or she can potentially lose 100% of the principal amount due to a stock price decline.
Explanation:
The elderly investor is trying to invest in bluchip stocks that have high returns in order to recoup losses from his previous investment.
Generally the higher the returns on an investment the higher the risk of that investment. Investors are likely to lose their capital in higher yield investments.
A reverse convertible note is a product that is the obligation of the issuing bank and not the corporation. So if price falls below the knock in price, customer will only receive the stock at maturity and not at par. The stocks received could be worthless and investor could loose all his principal.
