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2 1 Curtis invests $ 3 0 0 , 0 0 0 in a city of Athens bond that pays 5 percent interest. Alternatively, Curtis
Curtis invests $ in a city of Athens bond that pays percent interest. Alternatively, Curtis could have invested the $ issued by Initech, Incorporated that pays percent interest with similar risk as the city of Athens bond. Assume that Curtis's margin percent.
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