Ray Crawford Is Evaluating Investment Alternatives to Invest $500,000 Which

question 10

Multiple Choice

Ray Crawford is evaluating investment alternatives to invest $500,000 which he inherited from his grandfather.His investment advisor has identified four alternatives and constructed the following payoff table which shows expected profits (in $10,000's) for various market conditions: If Ray uses the maximin criterion, the appropriate choice would be ___.

• A)T-Bills
• B)Stocks
• C)Bonds
• D)Mixture
• E)none

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Definitions:

RFID

Radio-Frequency Identification, a technology using wireless non-contact use of radio waves to transfer data for the purposes of automatically identifying and tracking tags attached to objects.

Two-Dimensional Code

A matrix barcode that stores information both horizontally and vertically, such as a QR code.

Active RFID Codes

Radio-frequency identification tags that have their own power source, allowing them to transmit data over longer distances than passive RFID tags.

Track

To monitor or follow the progress or movement of an object, individual, or trend over time.