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Assume that you recent];r graduated and you just landed a job as a nancial planner with the Cleveland Clinic. Your first assignment is to invest

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Assume that you recent];r graduated and you just landed a job as a nancial planner with the Cleveland Clinic. Your first assignment is to invest $100,000. Because the funds are to be invested at the end of one year, you have been instructed to plan for a one-year holding period. Further, your boss has restricted you to the following iJIvestIII-It alternatives, shown with their probabilities and associated outcomes. State of Amecan Market Econotn Prohahili T-Bills Alta Inds. R o Men FoaJn Port. cession 0.1 0.00 '54} -22.0 % 20.0% 10.0% - 13.0 % ltmr Ave: 0.2 0.00 '54:- -2.0 % 14.2% \"10.0% 1.0 % verage {L4 0.00 '54:- 20.0% 0.0% 2.0% 15.0% ove Avel 0.2 0.00 '34: 35.0% 40.0% 45.0% 23.0% Boom 0.1 0.00% 50.0% -20.0% 30.0% 43.0%

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