Business, 27.06.2020 19:01, yeetusbobeetus

An investor is considering a investment in a start-up company. She estimates that she has probability of a loss, probability of a profit, probability of a profit, and probability of breaking even (a profit of ). What is the expected value of the profit? Would you advise the investor to make the investment?

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An investor is considering a investment in a start-up company. She estimates that she has probabilit...