Mr. Adams currently covers his monthly deficit using
cash from his checking account. He will get his annual
bonus of $3,500 in January 2013, which he will
contribute toward the recurring shortfall between his
earnings and expenses. Which investment asset
should he sell to cover his monthly deficit after his
cash reserves are ultimately reduced to zero?
OPTIONS
Mutual funds
Insurance
Bonds
Commodities
Answers
Answered by
4
Answer:
2nd option Insurance...
Answered by
0
Answer:
mutual funds
Explanation:
immedietely can be liquidated
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