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

question 110

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 15% = 35 %(X) + 5%(1 - X)
• 10% = 30%X

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Definitions:

Higher Esteem Needs

Refers to the fourth level in Maslow's hierarchy of needs, focusing on respect, self-esteem, status, recognition, and freedom.

Status

The relative social, professional, or other standing of someone or something, which can be indicated by various factors including wealth, authority, and achievement.

Recognition

The ability or action of identifying or acknowledging something or someone as already known or familiar.

Impulse Buy

A purchase made spontaneously, often without prior planning, driven by emotional response rather than thoughtful decision-making.