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You are thinking of investing $4764 in your friend's business. Even though you know that the investment is risky and you cannot be sure, you
You are thinking of investing $4764 in your friend's business. Even though you know that the investment is risky and you cannot be sure, you expect your investment to be worth $5738.00 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 business offer an expected return of 9%for the year. What should you do?
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