If you had 5,000 to spend today and had the choice of investing it in a five
Question:
If you had £5,000 to spend today and had the choice of investing it in a five year bond with a bank, or lending it to a friend who had just opened a restaurant and who offered you 10 per cent of the profits for five years, plus the return of your £5,000 at the end of the five years, which alternative would you choose and why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9780273693109
10th Edition
Authors: Frank Wood, Alan Sangster
Question Posted: