Which two investments you would include in the couple's investment portfolio to achieve their retirement goals and provide your reasons to them. (4 marks)

Investment 1: Cineplex convertible bond maturing in 2025 pays 5.75% annual coupon, can convert anytime into 90 common shares of Cineplex Inc. The recent price quote of the bond is 101. Cineplex shares are currently trading at $7 per share and do not pay dividends.

Investment 2: Suncor callable 2030 bond pays 3% coupon semi-annually. Current bond quote is 106.33. First call date is in 3 years with a call premium of $100 per bond. You estimate that the bond can be sold at a quote of 105 after two years.

Investment 3: Telus 2026, 3.75% annual coupon, non-callable bond has a yield to maturity of 2%.

Investment 4: The current price of Apple stock is $116. The couple expect Apple stock price will rise to $135 in June 2021. Below are the 3 options of Apple stock.

Please pick 2 investments and provide explanations why.