Question 15 (1 point) You have purchased a condo in false creek for $800,000. You are planning to sell it in two years. You have
Question 15 (1 point) You have purchased a condo in false creek for $800,000. You are planning to sell it in two years. You have made the following probability distribution for selling prices: Price Probability 600,000 0.25 900,000 0.30 1,000,000 0.25 1,400,000 0.20 What is the probability you will make money on the sale? Your Answer: [:1 Answer Question 16 (1 point) You have purchased a condo in false creek for $800,000. You are planning to sell it in two years. You have made the following probability distribution for selling prices: Price Probability 600,000 0.25 700,000 0.30 1,000,000 0.25 1,400,000 0.20 What is the expected profit or loss on the sale? Your Answer: [:1 A._...._
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