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John invested $1,000 in a risky investment and will invested $1,000 in a less risky investment. One year later, Bill's investment is worth $1.030. Which of the following statements is most Select one

John invested $1,000 in a risky investment and will invested $1,000 in a less risky investment. One year later, Bill's investment is worth $1.030. Which of the following statements is most Select one: a If John's investment is worth more than $1.030, then Bill was irrational to invest in the less risky investment b. The worth of John's investment cannot be determined with the information given. c. If John's investment is worth less than $1.030, then John was irrational to invest in the risky project John's investment must be worth more than $1,030 because of the risk return tradeoff given that John's investment was more risky

Apr 16 2021 View more View Less

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