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Under normal conditions (75% probability), Financing Plan A will produce a $26,000 higher return than Plan B. Under tight money conditions (25% probability), Plan A
Under normal conditions (75% probability), Financing Plan A will produce a $26,000 higher return than Plan B. Under tight money conditions (25% probability), Plan A will produce $32,000 less than Plan B. What is the expected value of return? Multiple Choice O $80,500 O $11,500 $10,700 $91,200
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