Which of the following would be most suitable for funding a college education that commences in three years?
A. Stock mutual fund
B. Bond mutual fund
C. Zero-coupon bond with a maturity that matches the start date
D. Checking account at the local bank
Answer:C
Which of the following would be most suitable for funding a college education that commences in three years?
A. Stock mutual fund B. Bond mutual fund C. Zero-coupon bond with a maturity that matches the start date D. Checking account at the local bank