If You Have $3000 to Invest,but Could Need the Money

question 88

Multiple Choice

If you have $3000 to invest,but could need the money at any time in the next year,you should

• A)put the money in a liquid short-term interest-bearing investment.
• B)invest in a one-year closed GIC.
• C)put the money in a dividend mutual fund.
• D)invest in an asset allocation mutual fund.

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Definitions:

Initiation

The start phase in various biological and chemical processes, such as the beginning of DNA replication or protein synthesis.

Elongation

In the context of protein synthesis, elongation is the stage during which amino acids are sequentially added to the growing polypeptide chain by the ribosome.

Termination

The process of ending or concluding something, which in biological contexts can refer to the end of a biochemical process or the death of an organism.

Sequence

An ordered list or arrangement where the items follow a specific pattern or are arranged according to specific criteria.