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Three securities have the characteristics described in the following table: A B Return % Prob Return% Prob Return % Prob 8 0.2 5 0.03 9

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Three securities have the characteristics described in the following table: A B Return % Prob Return% Prob Return % Prob 8 0.2 5 0.03 9 0.15 10 02 7 0.03 11 0.2 12 0.2 11 0.35 13 0.25 15 0.2 14 0.4 14 0.25 18 0.2 16 0.19 18 0.15 If a equals 54. what is the preferred investment shown in the table above using Kataoka's safety-first criterion? B None of the above All are equally desirable A Moving to another question will save this response

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