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4 August, 22:39

Stephanie wants to take $10,000 out of her bank savings account and put it in a certificate of deposit (CD) that charges a penalty if she withdraws the money before two years are over. What is the economic trade-off in this investment?

1. higher returns for more risk

2. higher returns for higher liquidity

3. higher returns for higher volatility

4. higher returns for lower liquidity

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  1. 4 August, 23:30
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    1. Higher returns for more rish
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