# True or False: H = ($120, 0.4;$200, 0.6) K = ($150, p;$300, 1 −...

###### Question:

True or False:

H = ($120, 0.4;$200, 0.6) K = ($150, p;$300, 1 − p)

The lowest value of K is greater than the lowest value of H, and the highest value of K is greater than the highest value of H, so everyone – regardless of risk preferences – will prefer K to H.

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