Which one of the following individuals should be receptive to speculative investments with higher risks?
A)Joan Cummings,who is a single mother with two small children
B)Darren Carter,who works for American Airlines and is worried that he is going to be laid off soon
C)Barry Parks,who is an investment banker with financial training
D)Michael Clark,who is 74 years old and has been retired for 6 years
E)Fred Funderbunk,who is a pizza delivery person and makes about $15,000 per year

Question

Quizplus · Accepted Answer

Barry Parks, being an investment banker with financial training, is likely to have both the knowledge and the financial stability to engage in speculative investments with higher risks. His background suggests that he understands the market and can afford to take on more risk.

Which One of the Following Individuals Should Be Receptive to Speculative