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James Fromholtz is considerimg is to acquire home mortgage securities at what it hopes The fund's investment objective is to acquire home has suggested to

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James Fromholtz is considerimg is to acquire home mortgage securities at what it hopes The fund's investment objective is to acquire home has suggested to James that the fund's will be bargain prices. The fium spontional economy performs in the coming year. performance will hinge on how the mational economy performe outcomes: a) Based on these potential outcomes, What is yum comman un me ofperuentate return from this investment opportunity? b) Would you be interested in making such an investment? Note that you lose a your money in one year if the economy collapses into the worst state or you double your money if the economy enters into a rapid expansion

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