Question
You are a graduate for a company that provides financial advice and services in Tasmania. You have been approached by a recently retired couple that
You are a graduate for a company that provides financial advice and services in Tasmania. You have been approached by a recently retired couple that have opted to withdraw their entire superannuation monies. They are interested in investing $150,000 of their superannuation into the ASX and are particularly interested in a Tasmanian company called Tassal. They are quite risk adverse and have come for advice on whether the company is a good investment, especially during this time when there is so much uncertainty regarding COVID-19.
Q1: What financial calculations should you use to gather the best information for your recommendation?
Q2: Based on Tassals most recent annual reports for 2020 and 2021, what would you recommend?
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