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Business, 31.01.2022 14:30 Kenastryker808

3. You have a chance to invest in three mutual funds: Utility, Growth and Global. The value of investment changes according to market conditions. The chances of a down market, stable market and up market are 10%, 50% and 40% respectively. The returns (in percentages) for three market conditions are given in the following table. Which fund will you select? Fund Down (%) Moderate (%) Up (%)
Utility +5 +7 +8
Growth -10 +5 +30
Global +2 +7 +20

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