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Market Probability Good 40% Fair 30% Poor 30% Expected Return Open 1 Open 2 Do nothing 380 200 0 70 80 0 -400 -200 0
Market Probability Good 40% Fair 30% Poor 30% Expected Return Open 1 Open 2 Do nothing 380 200 0 70 80 0 -400 -200 0 53 44 0 Hence Open 1 should be choosen
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Advanced Engineering Mathematics
Authors: ERWIN KREYSZIG
9th Edition
0471488852, 978-0471488859
