Mathematics, 15.12.2019 07:31, tiffg3140
Abc lumber company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. what is the expected value of the investment after five years?
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