using minimax regret what is the best decision for this profit problem? Low tax High tax Bonds 50,000 -55,000 Stocks 40,000 -40,000 Gold 20,000 -20,000 % 0.7 0.3 a. stocks b. bonds O c. gold O d. gold and bonds e. stocks and bonds

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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using minimax regret what is
the best decision for this
profit problem?
Low tax High tax
Bonds
50,000 -55,000
Stocks
40,000 -40,000
Gold
20,000 -20,000
%
0.7
0.3
a. stocks
b. bonds
c. gold
d. gold and bonds
e. stocks and bonds
Transcribed Image Text:using minimax regret what is the best decision for this profit problem? Low tax High tax Bonds 50,000 -55,000 Stocks 40,000 -40,000 Gold 20,000 -20,000 % 0.7 0.3 a. stocks b. bonds c. gold d. gold and bonds e. stocks and bonds
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