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 combination of 'T-Bills' and 'Neutral',the opportunity loss is _________.

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