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2) Suppose you are deciding upon investment options in stock markets. You have the following investment options: Investment Portfolio Favorable Market Unfavorable Market Company
2) Suppose you are deciding upon investment options in stock markets. You have the following investment options: Investment Portfolio Favorable Market Unfavorable Market Company X 50,000 -60,000 Company Y 10,000 50% Company X, 30,000 -4,000 -32,000 50% Company Y Also, you have the option of not investing at all. Suppose you know that markets are favorable with a probability 'p'. What is the minimum value of p for which a rational agent will invest? (Round off to 1 decimal point e.g. if you answer is 3.38 then write 3.4)
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