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Business, 19.09.2019 17:30 iamastudent79
Aventure capitalist, willing to invest $1,000,000, has three investments to choose from. the first investment, a software company, has a 5% chance of returning $8,000,000 profit, a 30% chance of returning $1,000,000 profit, and a 65% chance of losing the million dollars. the second company, a hardware company, has a 15% chance of returning $3,000,000 profit, a 50% chance of returning $1,000,000 profit, and a 35% chance of losing the million dollars. the third company, a biotech firm, has a 20% chance of returning $7,000,000 profit, a 25% of no profit or loss, and a 55% chance of losing the million dollars. order the expected values from smallest to largest.
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Aventure capitalist, willing to invest $1,000,000, has three investments to choose from. the first i...
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