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Business, 10.10.2019 18:20 Alex4530

Assume there are no investment projects that will produce an expected rate of return of 8 percent or more. there are, however, $2 billion worth of investment projects with an expected rate of return at 7 percent, and an additional $2 billion for every drop of the interest rate by 1 percent. if the real interest rate is 3 percent in this economy, the cumulative amount of investment at the 3 percent or higher rate of return is

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