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a) David and Diana are a couple in their 60s and seek stability and regular income to continue to enjoy their retired life. If you had a choice to advise them on their investments, what products would you recommend and why?

b) Consider a credit card and a debit card

i. What are the major differences between the two products?

ii. List a few advantages and disadvantages of each product

iii. What is a cobranded credit card? Why would 2 firms share the same product?