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Montreal Comedy Clubs Limited ( MCC ) has enjoyed success and now has $ 5 0 0 , 0 0 0 to invest for eighteen

Montreal Comedy Clubs Limited (MCC) has enjoyed success and now has $500,000 to invest for eighteen months in either bonds or shares before it starts construction on a new club in Vancouver. See the relevant data below. You can ignore taxes since the government has declared a two-year tax holiday for entertainment companies in Canada.
Investment $500,000.00
Share priceNow $80.00
Estimated Share priceIn 18 months $85.00
Quarterly Dividend per share $2.00
Semi-annual bond interest $35,000.00
Prevailin 12%
Prepare calculations and make a recommendation as to which is the better investment for MCC.g interest rate

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