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    Microeconomics Theory with Applications
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    Exam 17: Choice Making Under Uncertainty
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    A Compound Prospect
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A Compound Prospect

Question 71

Question 71

Multiple Choice

A compound prospect:


A) is the predicted interest rate for present value calculations.
B) is the view from a millionaire's vacation compound.
C) has a risky prospect as one of its outcomes.
D) pays off over several periods at compound interest.

Correct Answer:

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