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which of the following investments is best assuming a 1 year holding period and a 9 % discount rate? 1 . 2 0 M investment

which of the following investments is best assuming a

1

year holding period and a

9 %

discount rate?

1 . 20

M investment that earns

11 %

for the year

2 . 7

M investment that earns

14 %

for the year

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