Question
Future value (with changing interest rates). Jose has $4,000 to invest for a two-year period. He is looking at four different investment choices. What will
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Future value (with changing interest rates). Jose has $4,000 to invest for a two-year period. He is looking at four different investment choices. What will be the value of his investment at the end of two years for each of the following potential investments?
a. Bank CD at 4% b. Bond fund at 8% c. Mutual stock fund at 12% d. New venture stock at 24%
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
