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Sphinx Enterprises Is Contemplating Investing in a Copper Mine

Question 28

Multiple Choice

Sphinx Enterprises is contemplating investing in a copper mine.An investment of $750,000 would be made for one year with the following potential outcomes: Sphinx Enterprises is contemplating investing in a copper mine.An investment of $750,000 would be made for one year with the following potential outcomes: The expected rate of return for this investment is: A) 22.0% B) 15.5% C) 62.0% D) 8.3% The expected rate of return for this investment is:


A) 22.0%
B) 15.5%
C) 62.0%
D) 8.3%

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