2. You have invested in a project that has the following payoff schedule: Probability of Occurrence .15 = 6 20 = 10 Payoff $40 $50 $60 .30= !% .30: 21 .05 = 40 h. $6.5 * $59 d. 170 45 %.15) + (50x. 20) $70 580 1. What is the expected value of the investment's payoff? $63

2. You have invested in o project that las the following payofr schedule: Probability 4515)+(500 What is the expected value or the investment's payoft? 3. sen3 h. $65 g. $59 di till