A risk-neutral individual will make investment decisions purely based on net present value because
A) she doesn't care about utility.
B) because utility is a linear function of wealth.
C) she loves to take risk.
D) net present value is always more than expected utility.
B
Economics
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The burdens of the national debt generally fall on
A) the present generation. B) past generations. C) future generations. D) all of the above.
Economics
Historical note: Most of the failures (per year) of thrift institutions, such as savings and loan associations, occurred in
a. the late 1950s b. the early 1970s c. 1945 d. 1980–1982 e. 1988–1991
Economics