Consider these two investment strategies:
Strategy is the dominant strategy because .
A. 1, it is riskless
B. 1, it has the highest reward/risk ratio
C. 2, its return is at least equal to Strategy 1 and sometimes greater
D. 2, it has the highest reward/risk ratio
E. both strategies are equally preferred
Strategy is the dominant strategy because .
A. 1, it is riskless
B. 1, it has the highest reward/risk ratio
C. 2, its return is at least equal to Strategy 1 and sometimes greater
D. 2, it has the highest reward/risk ratio
E. both strategies are equally preferred