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ready TABLE 1 State of Nature Decision (Purchase) Good Economic Conditions ($) Poor Economic Conditions ($) Bonds 50,000 30,000 Stocks 100,000 -40,000 Mutual Fund 30,000
ready TABLE 1 State of Nature Decision (Purchase) Good Economic Conditions ($) Poor Economic Conditions ($) Bonds 50,000 30,000 Stocks 100,000 -40,000 Mutual Fund 30,000 10,000 2 Refer to Table 1. Determine the best decision by using the Maximax (Optimistic) criterion
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
