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Your mother just won 250000 for splitting a nobel prize

1. Your mother just won $250,000 for splitting a Nobel Prize with three coworkers. If she invests her prize money in a diversified equity portfolio returning 8 percent per year, approximately how long will it take her to become a millionaire, before accounting for taxes?

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Corporate Finance: Your mother just won 250000 for splitting a nobel prize

Reference No:- TGS01279042

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