Investment companies attempt to explain to investors the nature of the risk the investor incurs when buying shares in their mutual funds. For example, go to https://investor.vanguard.com/mutual-funds/vanguard-mutual-funds-list?assetclass=bond

a.Select the bond fund you would recommend to an investor who has very low tolerance for risk and a short investment horizon. Justify your answer.

b.Select the bond fund or stock fund you would recommend to an investor who has very high tolerance for risk and a long investment horizon. Justify your answer.