Provide an Appropriate Response

question 42

Essay

Provide an appropriate response.
-Marcella is nearing retirement age and has some money to invest. She is deciding between
Fund A which in the past has grown by a mean of 7% per year with a standard deviation of
2% and Fund B which has grown by a mean of 10% with a standard deviation of 6%.
Which fund should she choose? Explain your thinking.

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Definitions:

Specific Performance

A legal remedy requiring a party to execute a contract according to its precise terms.

Seller

An individual or entity that offers goods or services for sale to a buyer in exchange for compensation.

Lessor

The party in a lease agreement who owns the property and grants the right of use to another party, called the lessee, in exchange for payment.

Contractual Remedies

Legal means available to a party under a contract to enforce its rights or compensate for the other party's breach.