2. Mark Smith is an enormously wealthy investor who has built his fortune through his legendary investing acumen and his sound application of engineering risk benet principles. He currently is reviewing three investment strategies, from which he will adopt one. He has available a moderately aggressive investment option {MAD}; a very aggressive investment option WAD], and a countercyclic investment option {CED}. As we know, returns on investments are not certain and different investment strategies will yield different results depending on market conditions. Mark has conducted extensive market research, and currently believes that there are four possible scenarios that might occur over the lives of these investments: a strong growth economy, an improving economy, a stable economy, or a worsening economy. He estimates that his prots under the four scenarios are as follows: I Investment Option MAID HAD CCD Strong Growth Economyr $ 35 million $ 45 million 53 10 million Improving Economy $ 30 million $4i] million $40 million Stable Economy $ 10 million $ 5 million 35 -'i U million Worsening Economy $ -10 million $ -2ti million $ 25 million