In which of the following cases would you be more likely to decide whether to take on the risk involved by looking at a measure of the value at risk?

a. You are unemployed and are considering investing your life savings of

$10,000 to start up a new business.

b. You have a full-time job paying $100,000 a year and are considering making a $1,000 investment in the stock of a well-established, stable company.

Explain your reasoning.