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Question 11 State 1 2. Prob 0.25 Return% 3 4 5 7 9 10 18 7.88 B Return % Prob 4 0.15 8 0.2 10

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Question 11 State 1 2. Prob 0.25 Return% 3 4 5 7 9 10 18 7.88 B Return % Prob 4 0.15 8 0.2 10 0.35 11 0.2 13 0.1 0.25 Return % 3 7 9 15 Prob 0.02 0.03 0.1 0.5 0,2 0.1 3 0.25 0.25 4 S 6 7 Avg 0.05 9.20 8.50 If RL equals 5% and a equals 10%, what is the preferred investment shown in the table above using Telser's safety-first criterion A Investment A OB. Investment B OC Investment D.None of the above O E More than one of the investments

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