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Assets and risk-averse financial manager

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Which asset would the risk-averse financial manger prefer?

Asset A B C D
Pessimistic 8% 5% 3% 11%
Most Likely 12% 12% 12% 12%
Optimistic 14% 13% 15% 14%

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Assets

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You can see that asset D strictly dominates asset A and B (asset D ...

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