Decisions |
State of economy |
|||
Weak Economy |
Moderate Economy |
Strong Economy |
||
Buy Bond Funds |
$200 |
$200 |
$175 |
|
Buy Stock Funds |
-$1000 |
$300 |
$500 |
What is the expected value WITHOUT perfect information?
What is the expected value WITH perfect information?
What is the expected value OF perfect information (EVPI)?
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