Ross, S., Ross, S. A., Westerfield, R., & Jordan, B. D. (2013). Essentials of Corporate Finance. McGraw-Hill Education.8th Ed.
Chapter 10 and 11 Must be at least 200 words, no cover sheet and not Plagiarized.
Capital Markets, Risk, and Return" Please respond to the following:
Evaluate the financial accuracy of the following statement: “Playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling.” Provide a rationale for your response.
According to the textbook, over long periods of time, stock investments have tended to substantially outperform bond investments. However, it is not at all uncommon to observe investors with long horizons holding only bonds. Determine whether or not you believe such investors are irrational. Provide a rationale for your response.