Business, 20.02.2020 06:42 hockeystar0033

Casey has $1 comma 000 to invest in a certificate of deposit. Her local bank offers her 2.50% on a twelve-month FDIC-insured CD. A nonfinancial institution offers her 5.20% on a 1twelve-month CD. What is the risk premium? What else must Casey consider in choosing between the two CDs?

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Casey has $1 comma 000 to invest in a certificate of deposit. Her local bank offers her 2.50% on a t...