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Title: A recent college graduate has the choice of buying a new car for $33,500 or investing the money for ... Post by: wddwdw on Jul 2, 2018 A recent college graduate has the choice of buying a new car for $33,500 or investing the money for four years with an 8% expected annual rate of return. He has an investment of $40,000 in equities and bonds which yields 6% expected annual rate of return. If the graduate decides to purchase the car, the best estimate of the opportunity cost of that decision is ________.
A) $2,400 B) $10,720 C) $40,000 D) $9,600 Title: A recent college graduate has the choice of buying a new car for $33,500 or investing the money for ... Post by: lphilson89 on Jul 2, 2018 Content hidden
Title: A recent college graduate has the choice of buying a new car for $33,500 or investing the money for ... Post by: wddwdw on Jul 2, 2018 Smart ... Thanks!
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