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3. Suppose you have $500 that you could invest for 15 years either in the Stock Market or in the bank. The Stock Market will
3. Suppose you have $500 that you could invest for 15 years either in the Stock Market or in the bank. The Stock Market will return $1,700 in today's (real) dollars. The bank will pay 9% interest. If inflation is 2%, which investment will be worth more in 15 years? I o2
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