Geography, 18.10.2021 03:00, millerbe1228
Type the correct answer in each box. Use numerals instead of words.
An investment worth $50,000 has these expectations of returns:
30% chance of ending up worth $40,000
50% chance of ending up worth $50,100
20% chance of ending up worth $65,000
Determine the expected value and risk.
The expected value of the investment is $
. The investment is risky because it has only a
% chance of making a significant return.
Answers: 2
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Type the correct answer in each box. Use numerals instead of words.
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