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bigexternal bigexternal
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Posts: 1279
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7 years ago
XYZ Corp expects to have $350,000 in sales in a poor economy, $500,000 in a moderate economy, and $900,000 in a booming economy. If the chances of a booming economy and poor economy are 10% each, what is the expected return?
A) 525,000
B) 512,500
C) 500,000
D) 805,000
E) 621,000
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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We're using: Corporate Finance Online (Eakins, McNally)
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BlimpBlimp
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#1
Posts: 499
Rep: 25 0
7 years ago
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1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
wrote...
#2
7 years ago
Really appreciate the effort, thank you for responding
We're using: Corporate Finance Online (Eakins, McNally)
wrote...
#3
4 years ago
thanks
wrote...
#4
4 years ago Edited: 4 years ago, Hagan sch
1
wrote...
#5
3 years ago
Thank you!
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