Suppose, as in question 15, you were considering only investments that had the same expected value and

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Suppose, as in question 15, you were considering only investments that had the same expected value and standard deviation and whose payoffs were independent of each other. Would it matter if you spread your $1,000 across 10 of these investments rather than two?

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Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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