You are the CFO and Treasurer of Hitech Corporation. In January of each year Hitech normally has around $500 000 more cash than it needs to meet current obligations. But in June current obligations require the availability of that $500 000 plus another $250 000 from a line of credit loan. Rather than let the $500 000 sit idle in a noninterest bearing checking account in what type of investment would you invest the $500 000 in January and why?Discussion Forum