Ravi needs to sell some assets to pay his tax bill. His investment portfolio contains ordinary shares in BHP, preference shares in Harvey Norman and Woolworths convertible bonds. In order to maximise his return, which asset should Ravi sell if he expects the share market to appreciate in value significantly?

Select one:

a. Woolworths convertible bonds.

b. Harvey Norman preference shares.

c. cannot be determined.

d. ordinary shares in BHP.