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6 Homework Saved 1 A broker wants to sell a customer an investment costing $100 with an expected payoff in one year of $107.2. The
6 Homework Saved 1 A broker wants to sell a customer an investment costing $100 with an expected payoff in one year of $107.2. The customer indicates that a 7.2 percent return is not very attractive. The broker responds by suggesting the customer borrow $90 for one year at 5.2 percent interest to help pay for the investment. Dints a. What is the customer's expected return if she borrows the money? (Round your answer to 1 decimal place.) Skipped Customer's expected return % eBook Print References
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