If a Project's Expected Return Is 15%,which Represents a 35

question 43

Multiple Choice

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

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

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