Brothers Ricky and Marvin Morton diff er in investment philosophies Ricky is conservative and Marvin holds a

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Brothers Ricky and Marvin Morton diff er in investment philosophies—

Ricky is conservative and Marvin holds a moderate investing outlook.

Their father left each of them $100,000 when he died ten years ago, and Ricky invested in common stocks while Marvin invested in corporate bonds. After ten years, how much more money is Ricky likely to have in his account than Marvin?

A. $35,000 B. $53,000 C. $163,000 D. $216,000

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Personal Finance

ISBN: 9781439039021

10th Edition

Authors: E Thomas Garman, Raymond E Forgue

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