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Home Q & A Board Other Fields Homework Help Business Finance
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borteleto borteleto
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6 years ago
Assume that an investment is forecasted to produce the following returns: a 10% probability of a $1,400 return; a 50% probability of a $6,600 return; and a 40% probability of a $1,500 return. What is the expected amount of return this investment will produce?
A) $4,040
B) $7,640
C) $12140
D) $1,540
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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guzmanguzman
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#1
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6 years ago
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borteleto Author
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6 years ago
This helped my grade so much Perfect
MAry1395
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Yesterday
Good timing, thanks!
jmelchor77
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2 hours ago
You make an excellent tutor!
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