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3 votes
You plan to buy a financial product today. You expect that the financial product will give you $90 at the end of first 5 years (that is, you receive S90 starting one year from today for 5 years). Your required rate of return is 10%. If this same financial product has an actual market price of $350, what is the expected rate of return E(ty? Should you buy this financial product?

A 10.0076%; Buy
B. 10.0076%; Don't Buy
C 9.0076%, Buy
D 0.9.0076%; Don't Buy

1 Answer

3 votes
The answer is C 9.0076 percent,buy
User Takit Isy
by
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