document.write( "Question 915355: There is a 40% chance that interest rates will rise, 10% they will stay the same and 50% chance they will decrease. You have 3 investment alternatives. CIBC fund will be worth $18000 if rates rise, $14000 if rates are unchanged and $10000 if rates decrease. RBC fund will be worth $22000 if rates increase, $12000 if rates are unchanged and $6000 if rates decrease. CSB will be worth 15000 under all 3 scenarios. Based on the EMV and EOL theory decide with is the best fund.\r
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Algebra.Com's Answer #555552 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

 
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document.write( "Hi
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document.write( "HIGHLY recommend table with totals in YOur work: C1 is the 1st column
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document.write( "	CIBC	C1*C2	RBC	C1*C4	CSB	C1*C6
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document.write( "0.4	18000	7200	22000	8800	15000	6000
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document.write( "0.1	14000	1400	12000	1200	15000	1500
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document.write( "-0.5	10000	-5000	6000	-3000	15000	-7500
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document.write( "EMV		3600		7000		0
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