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16. Below is information for Investment X and Investment Y Economic state Probability Boom 0.4 Normal 0.4 Recession 0.2 Investment X 30% 20% -10% Investment

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16. Below is information for Investment X and Investment Y Economic state Probability Boom 0.4 Normal 0.4 Recession 0.2 Investment X 30% 20% -10% Investment Y 20% 5% -15% Based on your previous calculation in number 15, which investment is considered riskier? (1 Point) Investment X Investment Y Both Neither

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