Which of the following is true a. Time deposits pay higher interest than demanddeposits

Chapter 12, Problem 10

(choose chapter or problem)

Which of the following is true? a. Time deposits pay higher interest than demanddeposits. b. Mutual funds and money-market funds areprincipal protected. c. The dividends on a stock are set in advance,whereas the interest paid on a bond varies withthe profi tability of the issuing company. d. Belief in the effi cient market hypothesis wouldlead a person to rely on their own abilityto predict the market and make profi tabledecisions on a short-term basis.

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