Which investment offers the highest return

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Question - Evaluate the following investments, each costing $1,000 today and providing the following cash flows, over the next five years.

Investment A: $2,000 lump sum to be received in five years

Investment B: $300 at the end of each of the next five years

Required - Which investment offers the highest return? Support your answers with relevant calculations.

Reference no: EM133167306

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