If a Project's Expected Return Is 15 Percent, Which Represents

question 78

Multiple Choice

If a project's expected return is 15 percent, which represents a 35 percent return in a booming economy and a 5 percent return in a stagnant economy, what is the probability of a booming economy?

• A)18.33 percent
• B)25.00 percent
• C)33.33 percent
• D)50.00 percent