Why might financially astute investor have reasons to doubt, Accounting Basics

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Why might financially astute investor have reasons to doubt

Problem

An advertisement in the newspaper from a company called 'Australian Capital Conservative Investments' offers guaranteed 10% annual returns. You notice that term deposits are currently paying 4% interest per annum. Why might a financially astute investor have reasons to doubt this offer?

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Accounting Basics: Why might financially astute investor have reasons to doubt

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Accounting Basics: Why might financially astute investor have reasons to doubt

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