A Firm That Wishes to Minimize Risk When Investing Idle

question 75

Multiple Choice

A firm that wishes to minimize risk when investing idle cash would be LEAST likely to buy

• A) commercial paper.
• B) long-term corporate bonds.
• C) certificates of deposit.
• D) Treasury bills of the U.S. government.

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Definitions:

Sutton Hoo

An Anglo-Saxon burial site in England known for its ship burial and wealth of historical artifacts, illuminating the early medieval period.

Baptism

The Christian bathing ceremony in which an infant or a convert becomes a member of the Christian community.

Laity

Individuals who are members of a religious group but are not ordained clergy or part of the religious order, often participating in secular affairs of the community.

Private Devotions

Personal religious practices carried out by individuals to express their faith outside of formal church services, such as prayer, meditation, or reading religious texts.