Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
. Define and briefly discuss the investment merits of each of the following.
- Blue chips
- Income stocks
- Mid-cap stocks
Expert Solution
Step 1
Investment is referred to as an asset that are acquired or invested for building the wealth and also saving the funds from the hard earn income or an appreciation. An investment used to obtain an additional income source or gaining the profit from an investment over the period of time.
A investment is very important part of the wealth creation that used to help in beating an inflation for fulfilling the financial objectives and also helps in stabilizing the financial future. In order to invest by allocation of the funds along with an expectation of positive advantages or return in future.
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