Briefly define and differentiate among the following investments. Which offer fixed returns? Which are derivative securities? Which

Question:

Briefly define and differentiate among the following investments. Which offer fixed returns? Which are derivative securities? Which offer professional investment management?
a. Bonds
b. Convertible securities
c. Preferred stock
d.
e. Hedge funds
f. Options
g. Futures
Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...