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The manager of a local hospital is making a decision between two different investments. Both investments have the same projected return on investment. However, one
The manager of a local hospital is making a decision between two different investments. Both investments have the same projected return on investment. However, one investment assumes a three-year time horizon, whereas a second investment involves a five-year time horizon. If you were advising the hospital, which would you recommend based upon the limited facts available? Explain your rationale for the selection.
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