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Outcome Probability of Outcome Assumptions $1000 50 pessimistic $3000 60 moderately successful $6000 50 optimistic What is the expected value of the outcomes? A-$3,000 B-$5,300
Outcome Probability of Outcome Assumptions $1000 50 pessimistic $3000 60 moderately successful $6000 50 optimistic What is the expected value of the outcomes? A-$3,000 B-$5,300 C-The forecast is incorrect and must be modified before finding the expected value
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
