compute the ROI of Velterine and Francis Award: 5 out of 10.00...
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compute the ROI of Velterine and Francis
Award: 5 out of 10.00 points Show correct answer Exercise 3-7 Compare investment alternatives LO 2 Two acquaintances have approached you about investing in business activities in which each is involved Vesterine is seeking $605 and Francis needs $560. One year from now your original investment will be returned, along with $54 income from Veterine or $57 income from Francis You can make only one investment Required: 3-1. Compute the ROI of Veterine and Francis (Round your answers to 2 decimal places.) 11.20 % Veterine Francis a-2. Which investment would you prefer? Francis b. What other factors should you consider before making either investment? Risk
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