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You Have a Decision to Invest $10,000 in Any of Four

Question 29

Multiple Choice

You have a decision to invest $10,000 in any of four different companies. You estimate the
Probabilities that the economy will be favorable or unfavorable and you estimate the percent
Returns over the next year. You have a decision to invest $10,000 in any of four different companies. You estimate the Probabilities that the economy will be favorable or unfavorable and you estimate the percent Returns over the next year. Based on the maximin criterion, what is the choice? A) Company 1 B) Company 2 C) Company 3 D) Company 4
Based on the maximin criterion, what is the choice?


A) Company 1
B) Company 2
C) Company 3
D) Company 4

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