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Using the table below, what would be the profit from this investment (noted as X) Cash Invested $1,000 B $600 $350 $450 $1,100 Amount Borrowed
Using the table below, what would be the profit from this investment (noted as X) Cash Invested $1,000 B $600 $350 $450 $1,100 Amount Borrowed $10,000 Interest Paid on Debt 5% Total Investment $11,000 Return on Investment 10% Leverage Ratio 10 to 1 Profit X 2.5 Points Return on Cash Invested Y 25 Points
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