1-Arthur Doyle is retired and wants to maximize his return as his income barely covers...
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Accounting
1-Arthur Doyle is retired and wants to maximize his return as his income barely covers his living expenses. His friend invests in venture capital and suggests that he do the same. As his advisor, why would you counsel Arthur to not invest?
A-You need to have at least a million dollars to invest in it
B-Venture Capital investments are illiquid
C-While I would not suggest Arthur invest in early-stage, late-stage would be appropriate
D-I would not counsel Arthur not to invest; in fact, I would suggest he add Venture Capital to his portfolio
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