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FIRE 311 Financial Management sec Homework: Homework Chapter 5 Save Score: 0 of 1 pt 15 of 15 (13 complete) HW Score: 85.71%, 12.86 0...

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FIRE 311 Financial Management sec Homework: Homework Chapter 5 Save Score: 0 of 1 pt 15 of 15 (13 complete) HW Score: 85.71%, 12.86 0... P 5-40 (similar to) Question Help You are thinking about investing $4,569 in your friend's landscaping business. Even though you know the investment is risky and you can't be sure, you expect your investment to be worth $5,770 next year. You notice that the rate for one-year Treasury bills is 1%. However, you feel that other investments of equal risk to your friend's landscape business offer an expected return of 11% for the year. What should you do? The present value of the return is $O. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. ? 1 part remaining Clear All Final Check

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