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Richard has an investment opportunity that'll pay 10%. He borrows half the funds at 4%. What will happen to his overall expected return?
Richard has an investment opportunity that'll pay 10%. He borrows half the funds at 4%. What will happen to his overall expected return?
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
