Q1.
James,
a high school guidance counselor in South Park, Colorado, has
purchased several corporate and government bonds over the years,
and his total bond investments now exceeds $40,000. His kid
brother
Patrick,
a highly paid physician, has more than $150,000 invested in various
blue-chip income stocks in a variety of industries.
a.
Justify
James’s
attitude toward bond investments.
b.
Justify
Patrick’s
attitude toward stock investments.
Q2.
Ji Wu of Troy, New York, has $5,000 that he wants to invest...