Ray Crawford Is Evaluating Investment Alternatives to Invest $500,000 Which

Multiple Choice

Ray Crawford is evaluating investment alternatives to invest $500,000 which he inherited from his grandfather.His investment advisor has identified four alternatives and constructed the following payoff table which shows expected profits (in $10,000's) for various market conditions: For the combination of 'T-Bills' and 'Neutral', the opportunity loss is ___.

A) 0
B) 5
C) 7
D) 8
E) -10