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Business, 21.09.2019 02:10 nuna37

Suppose that an investor is considering three alternative strategies: conservative, neutral, or aggressive. if economic conditions get better, then the strategies will return, respectively, 6%, 12%, and 20%. if economic conditions get worse, then the strategies will return, respectively, 4%, 2%, and -8%. if better economic conditions has a probability of only 25%, then using the expected value criterion which alternative would the investor select?

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