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please answer Chapter 19: 10 POINT BONUS QUESTION: You are looking to invest in several different real estate deals. You have received economic reports that

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Chapter 19: 10 POINT BONUS QUESTION: You are looking to invest in several different real estate deals. You have received economic reports that explain the probability of good economic conditions will be .6 and .4 for bad economic conditions. Below is the Payoff Table. Calculate the expected monetary value for each decision and select the best deal. Good Economic Bad Economic Conditions (.6) Conditions (.4) Apartment $50,000 $30,000 Office $100,000 $-40,000 Warehouse $30,000 $10,000 Appartment Office Warehouse 4 None of the above

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