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Hugh Wallace Has the Following Information Regarding Three Investment Options

Question 73

Multiple Choice

Hugh Wallace has the following information regarding three investment options. Each investment option involves the same one-year period. Hugh Wallace has the following information regarding three investment options. Each investment option involves the same one-year period. What nominal rate of return will Hugh earn if he invested in option 1? A) 0.79% B) 3.22% C) 0.32% D) 6.67% What nominal rate of return will Hugh earn if he invested in option 1?


A) 0.79%
B) 3.22%
C) 0.32%
D) 6.67%

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