$\quad$ $\quad$ $\quad$

question 17

Multiple Choice

$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Investiment } A$ $\quad$$\quad$$\quad$$\quad$$\quad$$\text { Investment } B$
$\begin{array}{|l|l|l|l|l|}\hline & \text { Good year } & \text { Bad year } & \text { Good year } & \text { Bad year } \\\hline \text { Probability } & 0.80 & 0.2 & 0.90 & 0.1 \\\hline \text { Pay-off } & 140 & 45 & 110 & 70 \\\hline\end{array}$
-Given the above information,what is the expected utility for investment A?

• A) \( 4.7140 \)
• B) \( 4.7749 \)
• C) \( 4.6930 \)
• D) \( 4.8147 \)

---

Definitions:

Notes Receivable

Financial assets representing amounts owed to a company by entities or individuals, typically evidenced by a written promissory note.