Top Posters
Since Sunday
j
3
s
3
j
2
J
2
e
2
n
2
t
2
d
2
b
2
t
2
J
2
b
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
borteleto borteleto
wrote...
Go to Answer
Posts: 2477
Rep: 2 0
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:
Read 60 times
1 Reply
Replies
Answer verified by a subject expert
guzmanguzman
wrote...
#1
Top Poster
Posts: 1068
Rep: 10 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

borteleto Author
wrote...

6 years ago
Brilliant ツ
jmelchor77
wrote...

Yesterday
This helped my grade so much Perfect
logbi
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  743 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1192
  
 9247
  
 1638
Your Opinion
Previous poll results: What's your favorite coffee beverage?