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suggested to James that the fund's performance will hinge on how the national economy performs in the coming year. Specifically, he suggested the following possible
suggested to James that the fund's performance will hinge on how the national economy performs in the coming year. Specifically, he suggested the following possible outcomes
a Based on these potential outcomes, what is your estimate of the expected rate of return from this investment opportunity?
a The expected rate of return from this investment opportunity is
Round to two decimal places
b Would you be interested in making such an investment? Select the best choice below.
A Yes, I would be interested in making such an investment. The economy is most likely to begin a rapid expansion and recovery.
B No I would not be interested in making such an investment. The economy is most likely to sink into a depression.
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