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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.

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