Question
Tyke Wad inherited $10,000 from his favorite cousin fourth removed. His friend, Flicker urged Tyke to use the money to make money. Tykes other cousin,
Tyke Wad inherited $10,000 from his favorite cousin fourth removed.
His friend, Flicker urged Tyke to use the money to make money.
Tykes other cousin, Tarot Kard read Investment for Dummies and has offered to serve as Tykes financial planner.
Tarot told Tyke I feel strongly about these thee options that will allow you to be a big winner in this investment stuff. Even in the environment of today, I have three very good choices to suggest to you.
1. Invest $10,000 In Wil O Wisp corporate secured bonds that pay 1%
2. Invest $10,000 in 100 shares of Wil O Wisp $100, 2%, cumulative preferred stock
3. Invest $10,000 in 15,000 shares Wil O Wisp common stock that has paid an annual dividend of one cent since the corporation began operations 7 years ago.
Assume that Tyke will select one of the three options.
Which of the three would you recommend and why?
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