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Topic: Business
Number of pages / Number of words: 2 / 324
Essay's paper body

a. Virginia’s current wealth = NPV (6%, 2, 3) = $4.83M. She can consume $4.83M today.

b. Assuming she consumes nothing today, she can consume $5.12M next year.

2. What should Ginny do to maximize her wealth?

Virginia should invest $3m of her money into the restaurant and put the rest in the bank...


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a. Virginia’s current wealth = NPV (6%, 2, 3) = $4.83M. She can consume $4.83M today.

b. Assuming she consumes nothing today, she can consume $5.12M next year.

2. What should Ginny do to maximize her wealth?

Virginia should invest $3m of her money into the restaurant and put the rest in the bank...


Essay fragment

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