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Do You Feel The Helms' $8000 Liquid Balance Is Adequate?

Marcia And Phil Helm, A Couple In Their Thirties, Have Been Married For Several Years. They Have No Children, And Each Has A Professional Career. Marcia Is A Trainee For A Management Position At A Large Department Store, And Phil Is An Engineer. Explain the relative risks and potential advantages of CDs. Explain under what condition(s) you would recommend them for the Helms. Do you agree with Phil that some of their funds should be invested in the stock market? Explain. What are your recommendations for a cash management plan for the Helms?

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