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Buchanan Corporation forecasts the following payoffs from a project. Outcome Probability of Outcome Assumptions $ 8 0 0 2 5 % pessimistic $ 3 ,

Buchanan Corporation forecasts the following payoffs from a project.
Outcome Probability of Outcome Assumptions
$ 80025% pessimistic
$ 3,70045% moderately successful
$ 6,60030% optimistic
What is the expected value of the outcomes?
Multiple Choice
$3,845
$4,095
$3,700
$3,700
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