17. Earlier this year, you purchased

$5,000 worth of an Spartan Power

common stock. At the same time,

your sister purchased $5,000 of

Spartan Power's senior debt with a

5% coupon at par. At the time of

purchase, he bond was rated AAA.

Last week the company announced it

invented a new battery that would

likely go into every new electric car

manufactured over the next 10 years.

Which investment has the greatest

chance of earning a large return

based on the new invention?

a. Your common stock investment

b. Your sister's Bond Investment

c. Both have equal probability of

receiving the same amount