MCQOPTIONS
 Saved Bookmarks
				| 1. | 
                                    Which would be an appropriate investment for temporarily idle corporate cash that will be used to pay quarterly dividends three months from now? | 
                            
| A. | A long-term AAA-rated corporate bond with a current annual yield of 9.4 percent. | 
| B. | A 30-year Treasury bond with a current annual yield of 8.7 percent. | 
| C. | Ninety-day commercial paper with a current annual yield of 6.2 percent. | 
| D. | Common stock that has been appreciating in price 8 percent annually, on average, and paying a quarterly dividend that is the equivalent of a 5 percent annual yield. | 
| Answer» D. Common stock that has been appreciating in price 8 percent annually, on average, and paying a quarterly dividend that is the equivalent of a 5 percent annual yield. | |