36. You are thinking about investing $5000 in your friend's landscaping business. Even though you know the
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36. You are thinking about investing $5000 in your friend's landscaping business. Even though you know the investment is risky and you can't be sure, you expect your investment to be worth $5750 next year. You notice that the rate for one-year Trea- sury bills is 1%. However, you feel that other investments of equal risk to your friend's landscape business offer a 10% expected return for the year. What should you do?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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