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An investor is considering 4 investments, A, B, C and leaving his money in the bank. The payoff from each investment is a function of

An investor is considering 4 investments, A, B, C and leaving his money in the bank. The payoff from each investment is a function of the economic climate over the next 2 years. The economy can expand or decline. The following payoff matrix has been developed for the decision problem. What is the opportunity loss when A is Investment alternative and Decline is state of nature?

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