Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 5 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 27 Sep 2017 My Price 7.00

personal investment strategies

Allen Young has always been proud of his personal investment strategies and has done very well over the past several years. He invests primarily in the stock market. Over the past several months, however, Allen has become very concerned about the stock market as a good investment. In some cases it would have been better for Allen to have his money in a bank than in the market. During the next year, Allen must decide whether to investin the stock market or in a certificate of deposit (CD) at an interest rate ofIf the market is good, Allen believes that he could get a return on his money. With a fair market, he expects to get areturn. If the market is bad, he will most likely get no return at all—in other words, the return would be Allen estimates that the probability of a good market is, the probability of a fair market is, and the probability of a bad market is, and he wishes to maximize his long-run average return.

 

(a) Develop a decision table for this problem.

 

(b) What is the best decision?

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Sep 2017 06:09 PM My Price 7.00

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