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Tina met with her friend's father, a well-known businessman in Singapore. Tina is now convinced that money today is worth (less than or more than
Tina met with her friend's father, a well-known businessman in Singapore. Tina is now convinced that money today is worth (less than or more than or unchanged) money in future. Tina decided to invest $110,000 in a car manufacturing company for 2 years when the interest rate was 5.8% per annum. Her goal was to have the investment grow to $122,760 in 2 years. Immediately after investing, inflation was noticed in the market. Financial analysts forecasted that inflation rate was going to from 1.0% to 1.9% Accordingly, the required rate of return (increased./decreased was unchanged.) The automobile industry has witnessed economic fluctuations, and analysts aninounced that the industry is exposed to business and market risks Risk is estimated at 1:29.6. Considering the market status, after 2 years from her investment date. Tina as alan (borrower investor is expecting to receive the maturity value of $129 380
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