SIE Exam Practice Question 481
Question: 481
An investor has a conservative attitude towards investing and is seeking to invest $50,000 into an interest-bearing instrument that will provide current income and safety. You would most likely recommend which of the following?
Correct Answer: A
Explanation:
A: Of all the investments listed, only the Ginnie Mae pass-through certificate will provide income. Ginnie Mae pass-through certificates pay monthly interest and principal payments.
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