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Firm X is considering a project and its analyst have projected the following outcomes and probabilities.

Outcome Probability of Outcome Assumptions
$5,250 25% Pessimistic
$7,800 45% Moderately successful
$13,500 30% Optimistic

What is the expected value of the outcomes?

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9881763

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