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Tragamin Tragamin
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Posts: 588
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6 years ago
Viki has a $1,000 deposit that earns 5% at Canada Trust bank. Clinton proposes that she withdraw this money and invest it in his art business. There is a 90% chance she can double her money, but a 10% chance she will lose the entire investment. Viki's expected return on this risky investment is 80%.

True or False?
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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wrote...
6 years ago
TRUE
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