9 If there is a 30% probability of an investment giving a return of 40m and a

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9 If there is a 30% probability of an investment giving a return of £40m and a 70% probability of the investment giving a return of £50m, what is the expected value of the investment?

(a) £12m

(b) £47m

(c) £35m

(d) £55m

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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Question Posted: Jul 02, 2024 10:00 AM

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9 If there is a 30% probability of an investment giving a return of 40m and a

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Accounting And Finance For Business

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