You are a financial advisor assigned to ARC Limited. The company is preparing employees for redundancy. Mr. Joe Toms, a new client is interested in investing in stocks. He has just received an attractive redundancy package as a skilled mechanical tradesman for over 35 years and was advised to invest rather than going into farming or buying a car for use as a taxi. Mr. Toms is risk averse due to his age and negative experiences within the financial sector. However, even though he is not familiar with the financial market and how it works, he would like to make a cautious attempt to enter the world of investment and was directed to speak with a broker. Required: A. Explain the differences between investing in the capital market and the money market to Mr. Toms using the following criteria: i. The TWO (2) categories/segments for each market (4 marks) ii. TWO (2) financial instruments traded in each market (4 marks) iii. Risk and return (4 marks) B. Advise Mr. Toms as to THREE (3) differences between a broker and a dealer. (6 marks) C. Explain the meaning and importance of liquidity in the securities market. (2 marks)