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Given the following probability distributions or risky assets X and Y : (a) If the only available choice is 100% of your wealth in X

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Given the following probability distributions or risky assets X and Y : (a) If the only available choice is 100% of your wealth in X or 100% in Y and you choose on . the basis of mean and variance, which asset is preferred? (b) According to the second order stochastic dominance criterion, how would you compare them

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