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Boris is willing to invest $40,000 for three years, and is an economically rational investor. He has identified three investment alternatives (X, Y, and Z)
Boris is willing to invest $40,000 for three years, and is an economically rational investor. He has identified three investment alternatives (X, Y, and Z) that vary in their method of calculating interest and in the annual interest rate offered. Since he can only make one investment during the three-year investment period, complete the following table and indicate whether Boris should invest in each of the investments
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