You loan a friend euro1000 and at the end of one year she
You loan a friend €1000, and at the end of one year she writes you a check for €1000to pay off this loan. If the annual interest rate on your savings account is 6 per cent, whatwas your opportunity cost of making this loan?
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you loan a friend euro1000 and at the end of one year she writes you a check for euro1000to pay off this loan if the
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