Essay
A close friend with surplus money wants to buy either stock or bonds in Real Oak Furniture plc, which manufactures wooden furniture. He wants your advice on whether to buy stock or bonds. Explain how each of his quotes below should affect his choice between the stock and the bond.
a. "I have reason to believe that people are soon going to find rocking chairs have health benefits."
b. "I would like to tell people I am part owner of Real Oak Furniture plc."
c. "I do not want to take on much risk."
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a. Presumably, when this happens, unless...View Answer
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