How to invest inheritance

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For this discussion, pretend you inherit $20,000 from your favorite great-aunt. Recalling our brief introduction to cash, stock, bond, and mutual fund investments, describe how you might determine how to invest this inheritance. You might decide to pay off debts or make a purchase outside of those investment tools. Explain why you chose what you chose. Think about risk and return in your decision. Your response must be at least 3 sentences. You will need to respond to at least 2 of your classmates' prompts for full credit.

Reference no: EM133066461

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