Well,<span>A portfolio made up of 60% stocks, 30% mutual funds, and 10% Treasury bonds</span>
Answer:
yes, it is true
Explanation:
the expected value of game 1 = ($30 x 0.5) + (-$1 x 0.5) = $15 - $0.50 = $14.50
- since the expected value of game 1 is very high compared to the risk of losing, then most of us would probably want to play that game.
the expected value of game 2 = ($2,000 x 0.5) + (-$19,000 x 0.5) = $1,000 - $9,500 = -$8,500
- on the contrary, since the expected value of game 2 is negative and the risk of losing a large amount is very high, very few people will be willing to play game 2 without being paid to do so.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Organizations should be allowed to promote offensive, violent, sexual or unhealthy products that can be legally sold and purchased because they are legal. Although many people do not like to see promotions for these companies, they are completely legal so trying to persuade someone to try the product based on the sales tactics, is not forcing them. There are many advertisments that may not appeal to each person who sees them but that's okay, if they are legal, they are allowed to be advertised.