Document 1 describes a firm's investment guidelines: all investments must have a minimum expected return of 8% AND a maximum risk rating of 'Medium'. Document 2 provides data for four potential investments: Investment P (Return: 9%, Risk: Low), Investment Q (Return: 7%, Risk: Medium), Investment R (Return: 10%, Risk: High), Investment S (Return: 8.5%, Risk: Medium). Which investment(s) adhere to the firm's guidelines?
✓ Correct Answer: Option C
Investment P: 9% (≥8%), Low (≤Medium). Meets. Investment Q: 7% (<8%). Fails. Investment R: High (>Medium). Fails. Investment S: 8.5% (≥8%), Medium (≤Medium). Meets. Thus, P and S adhere.