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Business, 16.02.2022 07:20 culturedxnat

Tanner is choosing between two investment options. He can invest $500 now and get (guaranteed) $550 in one year, or invest $500 now and get (guaranteed) $531.40 back later today. The risk-free rate is 3.5%. Which investment should Tanner prefer?

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Tanner is choosing between two investment options. He can invest $500 now and get (guaranteed) $550...
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