The Texas Corporation is considering the following opportunities - TopicsExpress

The Texas Corporation is considering the following opportunities to purchase an investment at the following amounts and discounts. Term Amount Discount 90 days $ 80,000 5% 180 days 75,000 6% 270 days 100,000 5% 360 days 60,000 10% Which opportunity offers the Texas Corporation the highest annual yield? a. 90-day investment. b. 180-day investment. c. 270-day investment. d. 360-day investment.

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