An investor has $1000 to invest and is considering the four alternatives shown below.How well each investment does depends on the state of the economy.The payoff table is shown below. Based on the minimax regret criterion,which investment should be chosen?
A)Stock A
B)Stock B
C)Stock C
D)Money market

Question

An investor has $1000 to invest and is considering the four alternatives shown below.How well each investment does depends on the state of the economy.The payoff table is shown below.  Based on the minimax regret criterion,which investment should be chosen?
A)Stock A 
B)Stock B 
C)Stock C 
D)Money market

Quizplus · Accepted Answer

The Answer of An investor has $1000 to invest and is considering the four alternatives shown below.How well each investment does depends on the state of the economy.The payoff table is shown below.  Based on the minimax regret criterion,which investment should be chosen?
A)Stock A 
B)Stock B 
C)Stock C 
D)Money market

An Investor Has $1000 to Invest and Is Considering the Four