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Which of the following is not a primary element of an environment with uncertainty: a. The return of an asset in each state of the

Which of the following is not a primary element of an environment with uncertainty:

a. The return of an asset in each state of the world.

b. The standard deviation of an asset in each state of the world.

c. The collection of possible states of the world.

d. The probability of each state of the world occurring.

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