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    Exam 17: Uncertainty
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    Michelle Invested $50 in a Project That Has a 40
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Michelle Invested $50 in a Project That Has a 40

Question 25

Question 25

Multiple Choice

Michelle invested $50 in a project that has a 40% chance of being worth $80 and a 60% chance of being worth $20.One can conclude that Michelle is


A) risk averse.
B) risk neutral.
C) risk loving.
D) extremely wealthy.

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