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Jennifer is looking to make an investment. She has $2,000 and is considering either a stock or bond. The stock costs $150 and has a
Jennifer is looking to make an investment. She has $2,000 and is considering either a stock or bond. The stock costs $150 and has a dividend of 2.5%. she believes the stock will appreciate in value of 5% per year. The bond on the other hand, has a rate of 6% and a cost of 95. Provide the value of each after one year and explain to me which one Jennifer should select and why,
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