Imagine you have surplus cash to invest for a 3-year period and you are presented with 2 investment opportunities - a bond and equity stock. The analysis shows that both the bond and equity stock have similar risk and return characteristics. Choose a security (bond or equity stock) you would invest in and briefly give at least one reason for your choice, eg: "I would pick a [bond/equity-choose one] and the reason(s) I prefer this type of instrument is/are that