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You are considering investing in two independent projects: A and B. Project A requires an initial investment of $12,000. In one year, there is a 30% chance of a $10,500 return; a 50% chance of a $12,500 return; and a 20% chance of a $14,500 return. Project B requires an initial investment of $1,000. In one year, there is a 25% chance of a $950 return; a 25% chance of a $1,000 return; and a 50% chance of a $1,200 return. If you require a 7% return on your investment after one year, you should:
Cocaine
A powerful stimulant drug derived from the leaves of the coca plant, often used recreationally and known for its potential for abuse and addiction.
Codeine
Codeine is an opiate used to treat pain, coughing, and diarrhea by acting on the central nervous system to relieve symptoms.
Morphine
A potent opiate analgesic medication derived from opium, used to relieve severe pain.
Cocaine
A powerful and addictive stimulant drug derived from coca plant leaves, which is illegal in many countries.
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