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Three securities have the characteristics described in the following table: B Return% Prob Return% Prob Return % Prob 8 02 5 0.03 9 0.15 10

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Three securities have the characteristics described in the following table: B Return% Prob Return% Prob Return % Prob 8 02 5 0.03 9 0.15 10 02 7 003 11 0.2 12 02 11 0.35 13 0.25 15 02 14 0.4 14 0.25 18 0.2 16 0.19 18 0.15 If Requals 10% and a now equals 2096, what is the preferred investment shown in the table above using Telser's safety-first criterion OB None of the above 1 All are equally desirable Moving to another question will save this response 9

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