Consider the following pay-off table for each of the investment under two states of nature....
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Consider the following pay-off table for each of the investment under two states of nature. The Minimax regret choice would be? a. Lease b. Buy or rent c. Rent d. Rent or Lease e. Buy Clear my choice Consider the following pay-off table for each of the investment under two states of nature. The Minimax regret choice would be? a. Lease b. Buy or rent c. Rent d. Rent or Lease e. Buy Clear my choice
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