Peter is a Hong Kong permanent citizen. He currently has 10 million dollars in his...
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Finance
Peter is a Hong Kong permanent citizen. He currently has 10 million dollars in his bank account, in which he can earn a 0.5% deposit interest. Given the inflation rate is 2%, he thinks that he is losing his purchasing power. He is considering investing in: A) Hong Kong residential property or B) US Treasury bonds.
Please advise Peter about the advantages and disadvantages of these two alternatives.
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