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Business, 02.06.2020 16:57 jyworthy

Your business partner has proposed you to join him (her) in investing $100000 each in a new enterprise. assume that you have that amount of money available. in case of success your return is $40000 but in case of failure you lose $20000. your analysis shows P40=0.3 of success and P-20=0.7 of failure.
would you invest?what is your investment risk preference and analysis?

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