subject
Business, 14.04.2020 19:40 genyjoannerubiera

An investment counselor calls with a hot stock tip. He believes that if the economy remains strong, the investment will result in a profit of $40 comma 000. If the economy grows at a moderate pace, the investment will result in a profit of $10 comma 000. However, if the economy goes into recession, the investment will result in a loss of $40 comma 000. You contact an economist who believes there is a 20% probability the economy will remain strong, a 60% probability the economy will grow at a moderate pace, and a 20% probability the economy will slip into recession. What is the expected profit from this investment?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
question
Business, 22.06.2019 15:40
Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.
Answers: 1
question
Business, 22.06.2019 16:10
Regarding the results of a swot analysis, organizational weaknesses are (a) internal factors that the organization may exploit for a competitive advantage (b) internal factors that the organization needs to fix in order to be competitive (c) mbo skills that should be emphasized (d) skills and capabilities that give an industry advantages problems that a specific industry needs to correct
Answers: 1
question
Business, 22.06.2019 22:50
What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage
Answers: 1
You know the right answer?
An investment counselor calls with a hot stock tip. He believes that if the economy remains strong,...
Questions
question
Spanish, 20.09.2019 15:30
question
Mathematics, 20.09.2019 15:30
question
Arts, 20.09.2019 15:30
question
Mathematics, 20.09.2019 15:30
question
Biology, 20.09.2019 15:30
Questions on the website: 13722359