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In its strategic planning meeting, Cadbury Corporation estimated there is 50 percent chance next years EPS will be $4.00, there is a 40 percent chance
In its strategic planning meeting, Cadbury Corporation estimated there is 50 percent chance next years EPS will be $4.00, there is a 40 percent chance EPS will $2.50, and there is a 10 percent chance EPS is -$1.00. Calculate the expected value of Cadburys forecasted EPS.
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