Your broker calls you and tells you that he has this great


Your broker calls you and tells you that he has this great investment opportunity. If you invest $100 today, you will receive $40 in one year and $75 in two years. If you require a 15% return on investments of this risk, should you take the investment? Find the Present Value of the investment.

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Finance Basics: Your broker calls you and tells you that he has this great
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