Mathematics
Mathematics, 25.01.2021 01:00, MrSavannahCat

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

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Answers: 2

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An investment worth $50,000 has these expectations of returns: 30% chance of ending up worth $40,000...

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