Suppose Yakov would like to use $8,000 of his savings to make a financial investment. One way of making a financial investment is to purchase stock or bonds from a private company. Suppose Touch Tech, a hand-held computing firm, is selling bonds to raise money for a new lab -a practice known as Llequity/debt) finance. Buying a bond issued by TouchTech would give Yakov (a claim to partial ownership in/an IOU, or promise to pay, from) the firm. In the event that TouchTech runs into financial difficulty, ---- (Yakov and the other bondholders/the stockholders) will be paid first. Suppose instead Yakov decides to buy 100 shares of TouchTech stock. Which of the following statements are correct? Check all that apply. A. An increase in the perceived profitability of TouchTech will likely cause the value of Yakov's shares to rise. T B. The Dow Jones Industrial Average is an example of a stock exchange where he can purchase TouchTech stock. C. Expectations of a recession that will reduce economywide corporate profits will likely cause the value of Yakov's shares to decline. Alternatively, Yakov could make a financial investment by purchasing bonds issued by the government of Japan. Assuming that everything else is equal, a bond issued by the government of Japan most likely pays a ___ _(higher/lower) interest rate than a bond issued by a government that is engaged in a civil war