Use the Information Below to Answer the Following Question(s) -Based on the Average Utility, Which of the Following Is

question 39

Multiple Choice

Use the information below to answer the following question(s) .
Below are four options for an investment decision.
$$\begin{array} { | l | l | l | l | } \hline \text { Decision/Event } & \text { Rates Rise } & \text { Rates Stable } & \text { Rates Fall } \\\hline \text { Bank CD } & 0.80 & 0.80 & 0.80 \\\hline \text { Bond fund } & - 0.75 & 0.86 & 1.50 \\\hline \text { Index fund } & 0 & 0.90 & 1.20 \\\hline \text { Growth fund } & - 0.30 & 0.70 & 1.40 \\\hline\end{array}$$
-Based on the average utility, which of the following is considered the worst decision?

• A)bank CD
• B)bond fund
• C)index fund
• D)growth fund

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Definitions:

Revenue

The total amount of money generated from the sale of goods or services, before deducting any expenses.

Total Cost

The complete cost of production that includes both fixed and variable expenses incurred to produce a good or service.

Quantity

The quantity of a physical or intangible asset or service.

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Individuals in an organization responsible for directing and overseeing the work of others to achieve the organization's goals.