I have $100,000 that I want to invest. My financial adviser has
suggested either, (1) a municipal bond that matures in 2027 and
pays a 9% annual return, (2) gold bullion, or (3) an actively
managed stock mutual fund that generated a 12% return in 2016. For
each of these investment alternatives, discuss why you think the
alternative would be a “good” or “bad” investment opportunity for
me.