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Question 5 1 pts A developer wants to make an investment of $150,000 on a piece of commercial property. He believes that there is a
Question 5 1 pts A developer wants to make an investment of $150,000 on a piece of commercial property. He believes that there is a 50% chance that he can sell the property for $250,000 if he sells the property after 1 year, a 20% chance that he will set it for $150,000, and a 30% chance that he will sell it for $120,000. What is the expected value of the investment? O $201.000 $173,330 . $150,000 $191,000
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