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You are given the option to invest 100,000 dollars in a mix of Assets. The Asset

ID: 2614601 • Letter: Y

Question

You are given the option to invest 100,000 dollars in a mix of Assets. The Assets are good in general and have good potential to earn a good return on your investment, Alternatively you can keep your 100,000 dollars in a CD that pays you an annual interest of 3 % and is guaranteed . Given the following alternatives of return for the Asset which Investment will you Select and Why? Assets: Principal Investment 10OK Macroeconomic Condition: Rapid Growth ( 54 % ) Moderate growth ( 2-275 % ) Recession ( 0,5 % ) Probability 0.25 0.50 0.25 Annual Return ( % ) 30 12 0.5 You are given the option to invest 100,000 dollars in a mix of Assets. The Assets are good in general and have good potential to earn a good return on your investment, Alternatively you can keep your 100,000 dollars in a CD that pays you an annual interest of 3 % and is guaranteed . Given the following alternatives of return for the Asset which Investment will you Select and Why? Assets: Principal Investment 10OK Macroeconomic Condition: Rapid Growth ( 54 % ) Moderate growth ( 2-275 % ) Recession ( 0,5 % ) Probability 0.25 0.50 0.25 Annual Return ( % ) 30 12 0.5 You are given the option to invest 100,000 dollars in a mix of Assets. The Assets are good in general and have good potential to earn a good return on your investment, Alternatively you can keep your 100,000 dollars in a CD that pays you an annual interest of 3 % and is guaranteed . Given the following alternatives of return for the Asset which Investment will you Select and Why? Assets: Principal Investment 10OK Macroeconomic Condition: Rapid Growth ( 54 % ) Moderate growth ( 2-275 % ) Recession ( 0,5 % ) Probability 0.25 0.50 0.25 Annual Return ( % ) 30 12 0.5 19. (10 points) You are given the option to invest 100,000 dollars in a mix of Assets. The Assets are good in general and have a good potential to earn a good return on your investment. Alternatively you can keep your 100,000 dollars in a CD that pays you an annual interest of 3% and is guaranteed. Given the following alternatives of return for the Asset which Investment will you Select and Why? Assets: Principal Investment 100K Macroeconomic Condition: Rapid Growth (> 4 %) Moderate growth (2-275%) Recession Probability 0.25 0.50 0.25 Annual Return (%) 30 12 0.5 (0--5%)

Explanation / Answer

macro economic conditions

probability

return

probability*return

rapid growth

0.25

30

7.5

moderate growth

0.5

12

6

recession

0.25

0.5

0.125

return on investment

13.625

macro economic conditions

probability

return

return-average return

square of (return-average return)

probability*square of (return-average return)

rapid growth

0.25

30

16.375

268.1406

67.03516

moderate growth

0.5

12

-1.625

2.640625

1.320313

recession

0.25

0.5

-13.125

172.2656

43.06641

average return

13.625

Variance = probability*square of (return-average return)

111.4219

Standard deviation = square root of variance

10.56

It is better to investment in assets as it is offering return of 13.63% and risk of 10.56 while investment in CD assured return is 3% and risk is 0 so for a risk averse investor it is better to earn higher return with limited degree of risk

macro economic conditions

probability

return

probability*return

rapid growth

0.25

30

7.5

moderate growth

0.5

12

6

recession

0.25

0.5

0.125

return on investment

13.625

macro economic conditions

probability

return

return-average return

square of (return-average return)

probability*square of (return-average return)

rapid growth

0.25

30

16.375

268.1406

67.03516

moderate growth

0.5

12

-1.625

2.640625

1.320313

recession

0.25

0.5

-13.125

172.2656

43.06641

average return

13.625

Variance = probability*square of (return-average return)

111.4219

Standard deviation = square root of variance

10.56

It is better to investment in assets as it is offering return of 13.63% and risk of 10.56 while investment in CD assured return is 3% and risk is 0 so for a risk averse investor it is better to earn higher return with limited degree of risk

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