Ask Question
BusinessBusiness
11 October, 23:32

Ray invested in two different savings bonds. Did he diversify?

+5
Answers (1)
  1. 12 October, 01:08
    0
    Yes, Ray has diversified. An old adage says,"Don't put all your eggs in one basket ". Dropping the basket will break all the eggs."

    It is more diversified if each of the egg is placed in a different basket.

    Like Ray, investing in two different saving bonds is diversification.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ray invested in two different savings bonds. Did he diversify? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Why are credit card companies so willing to give students credit cards?
Answers (1)
Diaz Company owns a milling machine that cost $125,300 and has accumulated depreciation of $90,600. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations.
Answers (1)
Belgacom pays out big dividends. Should its share price rise faster or slower than the share price of Google which doesn't pay out any dividends? Why? Would it be better to have Belgacom stock options or Google stock options? Why?
Answers (1)
Donna Forrester's gross pay is $72,500 a year. The state income tax is 3% of taxable wages. Donna takes a married exemption of $4,000 for herself and her husband. How much is withheld from her gross earnings for state income tax for the year?
Answers (1)
Consider the US market for chocolate, a market in which the government has imposed a price ceiling. Which of the following events could convert the price ceiling from a nonbinding to a binding price ceiling? a.
Answers (1)
New Questions in Business
Which of the following are the three major categories of business insurance are: a) Technology changes, consumer demand, and economic conditions. b) Personnel, property, and economic conditions. c) Personnel, property, and operations.
Answers (1)
Mr. Rogers sells colored pencils. The colored-pencil industry is competitive. Mr. Rogers hires a business consultant to analyze his company's financial records. The consultant recommends that Mr. Rogers increase his production.
Answers (1)
True or False? The United States does not have publicly financed health insurance specifically for the unemployed.
Answers (1)
The Romer and Romer 2010 paper in the American Economic Review found that tax changes that are made to promote long-run growth or to reduce an inherited budget deficit tend to result in ___.
Answers (1)
According to income tax law, John could adjust the cost basis of his personal residence for which of the following items? A. Interest on the home loanB. Cost of adding a new garageC. DepreciationD. Cost of replacing the water heater
Answers (1)
Home » Business » Ray invested in two different savings bonds. Did he diversify?
Sign Up Forgot Password?