4. 6.22 Assume you are the CIO (chief investment officer) for Dragon Industries, LLP (LLP stands for

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4. 6.22 Assume you are the CIO (chief investment officer) for Dragon Industries, LLP (LLP stands for Limited Liability Partnership). There is

$1,000,000 set aside in a reserve fund to purchase new equipment. If

$300,000 is invested at 30%, $200,000 at 25%, and the remaining

$500,000 at 20% per year, what is the overall rate of return on the entire $1,000,000?

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Oct 25, 2024 02:01 PM

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4. 6.22 Assume you are the CIO (chief investment officer) for Dragon Industries, LLP (LLP stands for

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Basics Of Engineering Economy

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