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  3. problem 16-06 you invest $1,700 in stock a and $1,

Problem 16-06 You invest $1,700 in stock A and $1,700 in stock B. If you...

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Accounting

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Problem 16-06 You invest $1,700 in stock A and $1,700 in stock B. If you earn 10 percent on stock A and 4 percent on stock 8 and hold each security for 18 years, what are the terminal values for each investment? Round your answers to the nearest cent. Stock A: $ Stock B: $ If you continue to hold each security and earn the same returns for 29 years, how much more will stock A generate than stock B over the entire time period? (When you invest for retirement, you should think about the impact of returns over time.) Round your answer to the nearest cent. $

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