Title: There is a 30% probability that an office building will be sold after 5 years for $30 million, a 50% ... Post by: papahomer on May 31, 2017 There is a 30% probability that an office building will be sold after 5 years for $30 million, a 50% probability that it will be sold for $20 million and a 20% probability that it will be sold for $10 million. What is the expected value of the office building in 5 years?
A) $20 million B) $21 million C) $30 million D) $10 million Title: Re: There is a 30% probability that an office building will be sold after 5 years for $30 million, a ... Post by: David_hess on May 31, 2017 Content hidden
Title: Re: There is a 30% probability that an office building will be sold after 5 years for $30 million, a ... Post by: nostalgicGirl on Jun 1, 2017 B) $21 million
|