His investment counselor suggests an investment that pays no

Assignment Help Finance His investment counselor suggests an investment that pays no

Finance

His investment counselor suggests an investment that pays no

His investment counselor suggests an investment that pays no stat… Show more Rishi Singht has $1500 to invest. His investment counselor suggests an investment that pays no stated interest but will return $200 at the end of 3 years. a. What annual rate of return will Rishi earn with this investment? b. Rishi is considering another investment, of equal risk, that earns an annual return of 8%. Which investment should he make, and why?? ***Please Show Work*** • Show less

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