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Andre can purchase an investment that will pay him $ 1 , 5 0 0 per year at the end of each of the next
Andre can purchase an investment that will pay him $ per year at the end of each of the next ten years. This investment would cost him $ If Andre can earn on another investment of comparable risk, should he purchase this investment?
Group of answer choices
No because the return is less than
Yes, because the return is greater than
No because the return is equal to
Yes, because the return is equal to
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