The correct answer is C. financial futures.
Financial futures are a type of derivative that is a contract to buy or sell an asset at a specified price on a specified date in the future. They are often used to hedge against risk or to speculate on the future price of an asset.
However, financial futures are not appropriate for an individual who desires funds for financial emergencies. This is because financial futures are a leveraged investment, which means that you can control a large amount of an asset with a small amount of money. This can be risky, as you could lose more money than you invested if the price of the asset moves against you.
In addition, financial futures are not as liquid as other investments, such as stocks or bonds. This means that it may be difficult to sell them quickly if you need cash.
For these reasons, financial futures are not appropriate for an individual who desires funds for financial emergencies.
A treasury bill is a short-term debt obligation issued by the United States government. It is considered to be one of the safest investments available, as the US government has never defaulted on its debt. Treasury bills are also very liquid, which means that they can be easily sold if you need cash.
A certificate of deposit (CD) is a type of savings account that pays a higher interest rate than a regular savings account. However, you cannot withdraw your money from a CD until it matures, unless you pay an early withdrawal penalty.
A savings account is a type of deposit account that pays interest on the money you deposit. Savings accounts are very liquid, which means that you can easily withdraw your money at any time.
In conclusion, the correct answer is C. financial futures.