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1. What is certainty equivalent? and HOW do we calculate it?
2. Why do we use it? and HOW it affects the decision-making process?
3. Give a numerical example.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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