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Economics

Alternative I require an initial investment of $20,000 and will yield a rate of 15% per year. Alternative C which requires a $30,000 investment will yield 20% per year. Which of the following statements is true about the rate of return on the $10,000 increment?

a- It is greater than 20% per year

b- I is exactly 20% per year

c- It is between 15% and 20% per year

d- It is less than 15% per year

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91342326

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