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Using the same situation from SLP 3, recall that you are deciding between three investments. You have heard of an Expert who has a track
Using the same situation from SLP 3, recall that you are deciding between three investments. You have heard of an Expert who has a track record of high confidence in correctly identifying when market conditions are favorable or not. You are now considering whether to consult this expert and if it would be worth paying his fee to get his prediction. So you are going to do further analysis to determine the value of this information that the expert might provide.
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