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Duncan can invest in a hedge fund offering a return of 12%. If his hurdle rate on high risk investments such as this is 10%,

Duncan can invest in a hedge fund offering a return of 12%. If his hurdle rate on high risk investments such as this is 10%, will he decline or accept this opportunity? Decline Accept
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Duncan can invest in a hedge fund offering a return of 12%. If his hurdle rate on high risk investments such as this is 10%, will he decline or accept this opportunity Decline Accept

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