Use the Table for the Question(s)below

question 20

Multiple Choice

Use the table for the question(s) below.
Consider the following probability distribution of returns for Alpha Corporation:
-The expected return for Alpha Corporation is closest to:

• A)6.67%.
• B)5.00%.
• C)10%.
• D)0.00%.

---

Definitions:

Concurrent Conditions

Conditions in a contract that must occur or be performed at the same time; they are mutually dependent. No obligations arise until these conditions are simultaneously performed.

Conditions Precedent

Specific conditions outlined in a contract that must be met before certain contractual obligations become enforceable.

Gas Fireplace

A heating appliance that uses natural gas or propane as fuel to produce heat, often designed to mimic a traditional wood-burning fireplace with less maintenance.

Substantial

of considerable importance, size, or worth; significant.