Rick recently purchased a convenience store for $500,000. He expects monthly profits to be $10,000 in the next year. If a recession had struck, and Rick had instead paid $300,000 while his monthly profits was reduced to $6,000, his expected rate of return would have:

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The Answer of Rick recently purchased a convenience store for $500,000. He expects monthly profits to be $10,000 in the next year. If a recession had struck, and Rick had instead paid $300,000 while his monthly profits was reduced to $6,000, his expected rate of return would have:

Rick Recently Purchased a Convenience Store for $500,000