Part I (6 Points) - Bankruptcy Read Chapter 12: "Investing in Financially Distressed and Bankrupt Securities" from the book Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor Book written by Seth Klarman, one of the most famous value investors. This is a highly appreciated book, and it is out of print. If you are curious, just check in Amazon for how much this book is being sold and answers the following questions: 1) Why the author says that securities of financially distressed and bankrupt companies can provide attractive value investment opportunities? 2) Which are the options that financially troubled companies have to try to survive outside bankruptcy? 3) What is the Prisoner's Dilemma? 4) Why the author said that a bankrupt company is frequently in a position to become a low-cost competitor in its industry upon reorganization? 5) Describe some of the risks that an investor might encounter investing in a financially troubled company? 6) After reading the chapter, please share your thoughts about investing in bankrupt companies, will you invest on them? Why? If you invest in them, which approach will you take: purchase stock, senior bonds, junior bonds? And why? Part I (6 Points) - Bankruptcy Read Chapter 12: "Investing in Financially Distressed and Bankrupt Securities" from the book Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor Book written by Seth Klarman, one of the most famous value investors. This is a highly appreciated book, and it is out of print. If you are curious, just check in Amazon for how much this book is being sold and answers the following questions: 1) Why the author says that securities of financially distressed and bankrupt companies can provide attractive value investment opportunities? 2) Which are the options that financially troubled companies have to try to survive outside bankruptcy? 3) What is the Prisoner's Dilemma? 4) Why the author said that a bankrupt company is frequently in a position to become a low-cost competitor in its industry upon reorganization? 5) Describe some of the risks that an investor might encounter investing in a financially troubled company? 6) After reading the chapter, please share your thoughts about investing in bankrupt companies, will you invest on them? Why? If you invest in them, which approach will you take: purchase stock, senior bonds, junior bonds? And why