Dan bought $10,000 of stocks in Orange, a fruit company. Gump invested $10,000 in a mutual fund that included Orange in its portfolio, while Bubba bought Orange's bonds worth $10,000 . If Orange makes a huge profit, which of the following would be true?
a. Both Dan and Gump will make profits on their respective investments, while Bubba will suffer a loss.
b. Gump will earn more profits on his
investment than either Dan or Bubba.
c. Dan will earn more profits on his investment than either Gump or Bubba.
d. All three will earn the same amount of profit since they each have invested the same amount.
c
Economics
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