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Business, 08.01.2020 06:31 ellie55991

Abank money manager estimates that the bank will experience a liquidity deficit of $400 million with a probability of 10 percent, a liquidity deficit of $900 million with a probability of 20 percent, a liquidity surplus of $600 million with a probability of 30 percent, and a liquidity surplus of $1,200 with a probability of 40 percent over the next month. what is this bank's expected liquidity deficit or surplus next month? a. $880 million liquidity surplus b. $440 million liquidity deficit c. $440 million liquidity surplus d. $880 million liquidity deficit e. none of the options is correct

how is the answer c how do we solve it?

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Abank money manager estimates that the bank will experience a liquidity deficit of $400 million with...
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