Question
There is much uncertainty regarding projected cash flows for your firm's newest location. Analysts provide you with the following possible scenarios and probabilities: Probability Outcome
There is much uncertainty regarding projected cash flows for your firm's newest location. Analysts provide you with the following possible scenarios and probabilities:
| Probability | Outcome |
| 15% | $300,000 |
| 35% | $100,000 |
| 30% | $0 |
| 20% | ($100,000) |
What is the expected cash flow of the new location? I need to see your work to get answer. Please use Excel formula(s) or function(s)!
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School Finance Elections
Authors: Don E. Lifto, Bradford J. Senden, Daniel A. Domenech
2nd Edition
1607091488, 978-1607091486
