Question
Assume that an investment is forecasted to produce the following returns: a 10% probability of a $14000 return; a 50% probability of a $,66000 return;
Assume that an investment is forecasted to produce the following returns: a 10% probability of a $14000 return; a 50% probability of a $,66000 return; and a 40% probability of a $15000 return. What is the expected amount of return this investment will produce
Choices:
46.467 37.726 17.725 40.700
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
