Your client has been saving for the purchase of a home. She calls to tell you that her bank CD matured and she is not pleased with the renewal rate offered by the bank. The client plans to purchase the home within the next 9-12 months and will probably need these funds for the down payment. Which of the following would be the most suitable recommendation?

Your client has been saving for the purchase of a home. She calls to tell you that her bank CD matured and she is not pleased with the renewal rate offered by the bank. The client plans to purchase the home within the next 9-12 months and will probably need these funds for the down payment. Which of the following would be the most suitable recommendation?

Your client has been saving for the purchase of a home. She calls to tell you that her bank CD matured and she is not pleased with the renewal rate offered by the bank. The client plans to purchase the home within the next 9-12 months and will probably need these funds for the down payment. Which of the following would be the most suitable recommendation?


A) Public utility stock paying liberal dividends.

B) Treasury bills.

C) Large-cap stock.

D) Growth stock.



Answer: B) Treasury bills.


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