Question
Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $545. One year
Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $545. One year from now, your original investment will be returned, along with $50 income from Simone or $53 income from Riley. You can make only one investment.
Required:
a-1.Compute the ROI of Simone and Riley.(Round your answers to 2 decimal places.)Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $545. One year from now, your original investment will be returned, along with $50 income from Simone or $53 income from Riley. You can make only one investment.
Required:
a-1.Compute the ROI of Simone and Riley.(Round your answers to 2 decimal places.)
ROI%
Simone
Riley
a-2.Which investment would you prefer?
- Riley
- Simone
b.What other factors should you consider before making either investment?
- Fluctuation
- Risk
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Operational Risk Management
Authors: Mark D Abkowitz
1st Edition
0470256982, 9780470256985
