Bob Invests $25 in an Investment That Has a 50

question 69

Multiple Choice

Bob invests $25 in an investment that has a 50% chance of being worth $100 and a 50% chance of being worth $0. From this information we can conclude that Bob is

• A)risk preferring.
• B)risk neutral.
• C)risk averse.
• D)Any of the above.

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Definitions:

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