Post Utme Delsu 2020 Commerce Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Delsu Commerce examination.

Post Utme Delsu 2020 Commerce Objective / Multiple Choice
Question 29 POST_UTME_DELSU • 2020 • COMMERCE • objective

A risk management strategy involves diversifying a portfolio of assets to minimize potential losses. If the probability of a loss occurring is 20% and the potential loss is ₦10 million, what is the expected value of the loss?

Answer Options

A. ₦0
Correct Answer B. ₦2 million
C. ₦5 million
D. ₦10 million
Correct Answer
B
Correct Option:
₦2 million

About This Question

This is Post Utme Delsu 2020 Commerce Question 29. It is one of the objective questions from the 2020 Post Utme Delsu Commerce examination.

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