SIE Exam Practice Question 488
Question: 488
An investor is looking for a risk-free investment. An agent should recommend which of the following to this investor?
Correct Answer: D
Explanation:
D: Bankers' acceptances are money market instruments and are short term; series HH government bonds can only be exchanged for mature series EE; and convertible preferred stock is a security with risk. A 90-day T-bill is considered a risk-free investment.
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