American_Bankers_Association
CTFA · Question #85
CTFA Question #85: Real Exam Question with Answer & Explanation
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Question
Carrie has a "certainty equivalent" to a risky gamble's expected value that is less than the gamble's expected value. Carrie shows:
Options
- ARisk aversion
- BRisk preference
- CRisk indifference
- DA strange outlook on life
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