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Other Fields Homework Help Economics Topic started by: Tragamin on Dec 28, 2017



Title: Viki has a $1,000 deposit that earns 5% at Canada Trust bank. Clinton proposes that she withdraw ...
Post by: Tragamin on Dec 28, 2017
Viki has a $1,000 deposit that earns 5% at Canada Trust bank. Clinton proposes that she withdraw this money and invest it in his art business. There is a 90% chance she can double her money, but a 10% chance she will lose the entire investment. Viki's expected return on this risky investment is 80%.

True or False?


Title: Re: Viki has a $1,000 deposit that earns 5% at Canada Trust bank. Clinton proposes that she withdraw ...
Post by: ediww on Dec 28, 2017
TRUE