Finance School of Management Efficient Bearing of Existing Risks A retired widow, whose sole source of income is $100.000 in the form of a portfolio of stocks CDge student. who has a wealth of $100.000 in a bank a colle The different attitudes towards future and risk Exchange(swap) their assets uesTc 1919 Finance School of Management Efficient Bearing of Existing Risks ❖ A retired widow, whose sole source of income is $100,000 in the form of a portfolio of stocks. ❖ A college student, who has a wealth of $100,000 in a bank CD. ❖ The different attitudes towards future and risk. ❖ Exchange (swap) their assets