Ray Crofford Is Evaluating Investment Alternatives to Invest $100,000 Which

Multiple Choice

Ray Crofford is evaluating investment alternatives to invest $100,000 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 'Stocks' and 'Bonds' choices,the indifference value of Hurwicz's alpha is ___.

A) 0.82
B) 0.71
C) 0.65
D) 0.33
E) 0.50