You buy a lottery ticket for BC100 on which you could win BC1,000,000, with a probability rate
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You buy a lottery ticket for BC100 on which you could win BC1,000,000, with a probability rate of 0.008%. Is this a risky investment? Could it be even riskier? How could you reduce the risk? Would this be a good investment?
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Related Book For
Corporate Finance Theory And Practice
ISBN: 9780470721926
2nd Edition
Authors: Pierre Vernimmen, Pascal Quiry
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