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COATS Part 1 of 1. Choice Question 1 of 40 1 Pines Below is a payoff table that lists four mortgage options. The numbers in

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COATS Part 1 of 1. Choice Question 1 of 40 1 Pines Below is a payoff table that lists four mortgage options. The numbers in the table represent borrowing costs. All the decision analysis questions that deal with more options are used on answer related questions Outcome Decision Alternative Rates Rise Rates Stable Rates Fall 1 year ARIM $66.645 543,650 $36.560 3.year ARM 560,857 $45,698 542,726 5 year ARM 555,895 $48,894 546,134 30 year fired 552.276 552,276 $52,276 The probability of rates rising is 0.52 rates statt IS 0.33 and rates falling is 0.15. What is the expected Value of Perfect information (CPVwPI? A $5.048 BLS52.121 58,581 OD 547,072 Ne o

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