What should you? do - the present value of the return

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Question: You are thinking about investing $4894 in your? friend's landscaping business. Even though you know the investment is risky and you? can't be? sure, you expect your investment to be worth $5,765 next year. You notice that the rate for? one-year Treasury bills is 1%. ?However, you feel that other investments of equal risk to your? friend's landscape business offer an expected return of 10% for the year. What should you? do? The present value of the return is ?$ . ?(Round to the nearest? cent.)

Reference no: EM133494934

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