QUESTIONS Consider the following payoff Table The State of Nature Decision Alternative 0.82 1-0.82 51 $2 D1 5 8 0₂ 5 9 Dy 14 4 What is the payoff value for the D2 under 52 should be to keep the optimal solution always optimal? Do not writ the sign > or <) (Round your answer to 2 decimal places)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Consider the following payoff Table
The State of Nature
Decision Alternative
0.82
1-0.82-
51
$₂
D1
5
8
0₂
5
9
D₂
14
4
What is the payoff value for the D2 under $2 should be to keep the optimal solution always optimal? Do not writ the sign >
or <)
(Round your answer to 2 decimal places)
Transcribed Image Text:QUESTIONS Consider the following payoff Table The State of Nature Decision Alternative 0.82 1-0.82- 51 $₂ D1 5 8 0₂ 5 9 D₂ 14 4 What is the payoff value for the D2 under $2 should be to keep the optimal solution always optimal? Do not writ the sign > or <) (Round your answer to 2 decimal places)
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