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Calculate the expected value of the cashflows of the following project. State of the Economy Probability Cashflow Deep Recission .05 -1000 Mild Recission .25 2000
Calculate the expected value of the cashflows of the following project.
State of the Economy | Probability | Cashflow |
Deep Recission | .05 | -1000 |
Mild Recission | .25 | 2000 |
Normal | .40 | 5000 |
Minor Boom | .25 | 8000 |
Major Boom | .05 | 11000 |
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