You Have a Project That Costs $800,000

question 58

Multiple Choice

You have a project that costs $800,000.It has a 1/3 chance of paying off $3,000,000 and a 2/3 chance of paying off $0.What is the expected payoff from the new project?

• A)$500,000
• B)$800,000
• C)$1,000,000
• D)$1,200,000

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Definitions:

Yearly Evaluation

An annual assessment process where an individual’s performance, productivity, or achievements are reviewed and discussed.

Behaviors

The range of actions and mannerisms made by individuals in conjunction with their environment, which can include thoughts and feelings.

Passive-aggressive

Demonstrating resistance and disagreement through subtle acts or remarks rather than explicit verbal opposition.

Chaotic Environment

A disorganized or unpredictable setting or situation.