Who purchased the correct asset to meet their objective?
A) Becky wanted to be a part owner of the Main Event party store, so she purchased a bond issued by the Main Event party store.
B) Ashvin wanted a high return even if it meant taking some risk, so he purchased shares issued by West Wind Power instead of bonds issued by West Wind Power.
C) Shannon wanted to buy equity in Apple, so she purchased bonds sold by Apple.
D) Jim wanted to lend money at a specified rate of interest to Shopify, so he purchased Shopify shares.

Question

Quizplus · Accepted Answer

Ashvin's objective was to get a high return with some risk, which is more achievable through investing in shares rather than a bond. Moreover, he purchased shares issued by West Wind Power, which is consistent with his objective of wanting ownership in the company, rather than lending money through a bond.

Who Purchased the Correct Asset to Meet Their Objective