Which statement best describes the concept of risk? A) Under a situation of risk, future outcomes can be expected to have only one value. B) Under risk situations there can only be one possible outcome, but with array of potential returns. C) Under uncertain situations, future outcomes can be expected to have only one value. D) Risk describes a situation where there is not just one possible outcome, but an
Which statement best describes the concept of risk? A) Under a situation of risk, future outcomes can be expected to have only one value. B) Under risk situations there can only be one possible outcome, but with array of potential returns. C) Under uncertain situations, future outcomes can be expected to have only one value. D) Risk describes a situation where there is not just one possible outcome, but an
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 17QTD
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1) Which statement best describes the concept of risk?
A) Under a situation of risk, future outcomes can be expected to have only one value.
B) Under risk situations there can only be one possible outcome, but with array of potential returns.
C) Under uncertain situations, future outcomes can be expected to have only one value.
D) Risk describes a situation where there is not just one possible outcome, but an array of potential returns.
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