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You invest $1,200 in stock A and $1,200 in stock B. If you earn 13 percent on stock A and 6 percent on stock B
You invest $1,200 in stock A and $1,200 in stock B. If you earn 13 percent on stock A and 6 percent on stock B and hold each security for 23 years, what are the terminal values for each investment? Round your answers to the nearest cent. Stock A: $ Stock B: $ If you continue to hold each security and earn the same returns for 31 years, how much more will stock A generate than stock B over the entire time period? (When you invest for retirement, you should think about the impact of returns over time.) Round your answer to the nearest cent. $
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