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5. Assume that you will invest your money for three years. Which of the following is the best investment over the three-year period? Assume interest
5. Assume that you will invest your money for three years. Which of the following is the best investment over the three-year period? Assume interest is compounded annually for all 3 years. Investment ONE returns 1% the first year, 1% the second year, and 1% the third year. Investment TWO returns 65% the first year, 55% the second year, and -100% the third year. Investment THREE returns 50% the first year, -50% the second year, and 30% the third year. a. Investment ONE b. Investment TWO c. Investment THREE d. You are indifferent between Investment TWO and Investment THREE e. Investment ONE, Investment TWO, and Investment THREE are all the same
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