Question

Which one of the following individuals should be receptive to speculative investments with higher risks?

A.Julia, who is a single mother with two small children
B. Dani, who works for American Airlines and is worried that he is going to be laid off soon.
C. John, who is an investment banker with financial training
D, Michael Clark, who is 74 years old and has been retired for 6 years

Answer 1

The correct answer is option C. John, who is an investment banker with financial training, should be receptive to speculative investments with higher risks.

Step-by-step explanation:

The individual who should be receptive to speculative investments with higher risks is C. John, who is an investment banker with financial training.

As an investment banker, John likely has a deeper understanding of financial markets and investment strategies compared to the other individuals. His financial training and expertise could provide him with the knowledge and skills necessary to assess and manage the risks associated with speculative investments. Additionally, as a professional in the finance industry, John may have a higher tolerance for risk and be willing to take on higher risk investments in order to potentially achieve higher returns.