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The Board of Directors of a company must decide on the most appropriate plan to invest $ 3 0 million in a period of 3
The Board of Directors of a company must decide on the most appropriate plan to invest $ million in a
period of years. Preliminary studies indicate that there are three investment opportunities available in the
moment. Investment A returns annually, investment B returns the first year and the following years,
Investment C returns at the end of the third year and cannot be reinvested. At the beginning of the second year
There is another investment opportunity, D which produces at the end of the third year and for one time only. He
The problem is knowing how much money to invest, where and when, in such a way that the amount of money
available at the beginning of the th year is maximum.
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