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I need help finding out what the expected market value is. Assumptions Probability p(x) Units Avg. Unit Price ($) Market Value ('$000) Pessimistic 0.30 17,155

I need help finding out what the expected market value is.

Assumptions Probability p(x) Units Avg. Unit Price ($) Market Value ('$000)

Pessimistic 0.30 17,155 (47 daily) 3000 51,465

Most Likely 0.50 20,440 (56 daily) 5000 102,200

Optimistic 0.20 24,090 (66 daily) 7000 168,630

Expected market value=

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