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Business, 13.03.2020 16:20 herchellann302

You have invested in a business that proudly reports that it is profitable. Your investment of $ 4 comma 700 has produced a profit of $ 298. The managers think that if you leave your $ 4 comma 700 invested with them, they should be able to generate $ 298 per year in profits for you in perpetuity. Evaluating other investment opportunities, you note that other long-term investments of similar risk offer an expected return of 7.8 %. Should you remain invested in this firm?

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