Q1 what is the rationale behind the mini-max regret rule

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Q1. What is the rationale behind the mini-max regret rule? Illustrate several less formal and precise methods of dealing with uncertainty? Explain when they are useful?

Q2. Why are so many of the large industrialized nations like U.K., France, U.S., Japan which running continuing large federal deficits and what must be done to avoid default?

Q3. What do you imagine about the interest on payday loans is too high or just right? Christians be supposed to charge poor people interest on loans?

Q4. (a) Illustrate when the NPV and the IRR methods of evaluating investment projects provide contradictory results? (b) Also explain how can this arise? (c) Which method should then be used? Why?

Reference no: EM13353080

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