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A month ago
Two slot machines offer to double your money 3 times out of 5.  Machine A takes $10 bets and Machine B takes $100 bets on each occasion.  A risk-averse investor prefers to bet on:

▸ machine A

▸ machine B

▸ does not matter

▸ none of the above
Textbook 

Fundamentals of Corporate Finance

Edition: 2nd
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Posts: 224
A month ago
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machine A
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