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

question 47

Multiple Choice

A project's expected return is 15%,which represents a 35% return in a boom and a 5% return in a stagnant economy.What is the probability of a boom if these are the only two economic states?

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

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Definitions:

Confederation

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Opponent

an individual or group that opposes or competes against another in a conflict, competition, or debate.

Irish system

A reference to various aspects of Ireland’s policies or practices in a specific context, requiring clarification for a precise definition.

Labor relations

The management of relationships between employers and employees, including negotiations over wages, working conditions, and other aspects of work and employment.