Question
You are thinking about investing 54.824 in your friend's landscaping business. Even though you know the investment is risky and you can be sure you
You are thinking about investing 54.824 in your friend's landscaping business. Even though you know the investment is risky and you can be sure you expect your investment to be worth $5,650 next year. You notice that the rate for one year Treasury bills is 1% However you feel that other investments of equal risk to your friend's landscape business offer an expected return of 10% for the year What should you do?
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Managerial Accounting
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