Question 1 On 10 July 2021, you have cash of RM100,000 and would like to invest on either a long-, medium-, or short-term basis in the Bursa Malaysia. The following alternatives are available to you: Alternative 1: Preferred stocks for example, Insas-PB Alternative 2: Growth stocks - for example, Hartalega Alternative 3: Bonds for example, MFlour-LA Given the above scenario, you are required to answer the following questions based on this module content outline:

(d) Discuss how the trading of investment securities could lead investors to default in their financial obligations and the ways to minimize the default risk. (15 marks)