Mathematics, 10.12.2020 20:40 amandathompson1
An investment worth $50,000 has these expectations of returns:
• 30% chance of ending up worth $40,000
• 50% chance of ending up worth $50,100
20% chance of ending up worth $65,000
.
Determine the expected value and risk.
$50,050 investment
20% chance
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Answers: 1
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An investment worth $50,000 has these expectations of returns:
• 30% chance of ending up worth $40,...
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