Question
You are a risk averse individual with no existing investments. You are presented with two games. The first will pay you $2,000,000 for sure. The
You are a risk averse individual with no existing investments. You are presented with two games. The first will pay you $2,000,000 for sure. The second game has a 45% chance of paying $3,600,000 and a 55% chance of paying $1,800,000. Given these odds,
| a. | you would choose the first game. | |
| b. | more information is required to know your decision. | |
| c. | you would choose the second game |
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Adventure Finance
Authors: Aunnie Patton Power
1st Edition
3030724271, 978-3030724276
