Instructions(a) Why do you suppose Union Planters purchases investments rather t

Instructions(a) Why do you suppose Union Planters purchases investments rather than simply making loans? Why does it purchase investments that vary in nature both in terms of their maturities and in type (debt versus stock)?(b) How must Union Planters account for its investments in each of the two categories?(c) In what ways does classifying investments into two different categories assist investors in evaluating the profitability of a company like Union Planters?(d) Suppose that the management of Union Planters was not happy with its net income for the year. What step could it have taken with its investment portfolio that would have definitely increased reported profit? How much could it have increased reported profit? Why do you suppose it chose not to dothis?