QUESTION 6 a. Discuss the virtuous cycle of investment b. Why do you think so many pieces of important legislation related to financial markets and institutions were passed during the great depression? c. Explain the main characteristics of an investment policy d. You are the Chief Financial Officer of Gaga Enterprises, an edge fashion design firm. Your firm needs GHS10 million to expand production. How do you think the process of raising this money will vary if you raise it with the help of a financial institution versus raising it directly in the financial market? e. Explain the main characteristics of institutional and individual investors?