Q23
Which of the following would be considered a risk-free investment?
A.
Gold
B.
Equity in a house
C.
High-grade corporate bonds
D.
Treasury bills
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Treasury bills would be considered a risk-free investment. A Treasury Bill (T-Bill) is a short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less.