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l. Explain why you would be more or less willing to buy a share ofM'icrosoft stock in tl following situations: a. Your wealth falls. Less,

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l. Explain why you would be more or less willing to buy a share ofM'icrosoft stock in tl following situations: a. Your wealth falls. Less, because your wealth has declined b. You expect the stock to appreciate in value. More, because its relative expected return has risen c. The bond market becomes more liquid. Less, because it has become less liquid relative to bonds d. You expect gold to appreciate in value. Less, because its expected return has fallen relative to gold e. Prices in the bond market become more volatile. More, because it has become less risky relative to bonds

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