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Assume that an investment is forecasted to produce the following cash flows: a 10% probability of $1347; a 50% probability of $3215; and a 40%
Assume that an investment is forecasted to produce the following cash flows: a 10% probability of $1347; a 50% probability of $3215; and a 40% probability of $4442. What is the expected amount of cash flow this investment will produce? Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest whole number.
Assume that an investment is forecasted to produce the following cash flows: a 10% probability of $1347; a 50% probability of $3215; and a 40% probability of $4442. What is the expected amount of cash flow this investment will produce? Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest whole number.
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