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Miscellaneous on risk and return Paolo's addicts wishes to determine the return on two if its video machines, Conqueror and demolition. Conqueror was purchased 1
Miscellaneous on risk and return
Paolo's addicts wishes to determine the return on two if its video machines, Conqueror and demolition. Conqueror was purchased 1 year ago for $20,000 and currently has a market value of $21,500 . During the year, it generated $800 worth of after - tax receipts. Demolition was purchased 4 years ago, its value in the year just completed declined from $12,000 to $11,800. During the year , it generated $1,700 of after- tax receipts.
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