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You are offered the following investment opportunity: Invest $425 today Receive $100 at the end of Year 1; receive $200 at the end of year
You are offered the following investment opportunity: Invest $425 today Receive $100 at the end of Year 1; receive $200 at the end of year 3, and receive $350 at the end of Year 6 You want to earn a required return of 13% Required: a) Should you invest in this opportunity b) Why or Why not?
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