Consider three investors: a. Mr. Single invests for one year. b. Ms. Double invests for two years.
Question:
Consider three investors:
a. Mr. Single invests for one year.
b. Ms. Double invests for two years.
c. Mrs. Triple invests for three years.
PROBLEM SETS Visit us at www.mhhe.com/bma 96 Part One Value Assume each invests in company Z (see Problem 5). Show that each expects to earn a rate of return of 8% per year.
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