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You are thinking about investing $ 5 , 0 2 7 in your friend's landscaping business. Even though you know the investment is risky and
You are thinking about investing $ in your friend's landscaping business. Even though you know the investment is risky and you can't be sure, you expect your investment to be worth $ next year. You notice that the rate for oneyear Treasury bills is However, you feel that other investments of equal risk to your friend's landscape business offer an expected return of for the year. What should you do
The present value of the return is $
Round to the nearest cent.
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