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Wall Street Jounal columnist Brett Arends offered the opinion that as a rule of thumb, the more complex a [financial] product is, the worse the

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Wall Street Jounal columnist Brett Arends offered the opinion that "as a rule of thumb, the more complex a [financial] product is, the worse the deal." Source: Brett Arends, "Four Lessons from the Goldman Case," Wall Street Joumal, May 2, 2010 Do you agree? Why would a more complex financial product be likely to be a worse deal for an investor than a simpler product? O A. Agree; The more complex the product, the easier it is for an investor to assess the risk of the product O B. Agree; When investors buy simpler products, they typically have more information and can make more informed choices about the products O c. Agree, The more complex deal is often one for which information costs decrease, which then reduces the resulting profit from the deal. D. Disagree: A more complex financial product is likely to be guaranteed by its issuer

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