Use the Following to Answer Questions

question 49

Multiple Choice

Use the following to answer questions :
Scenario: Buying Shares
Geordie is considering buying shares in two companies,Apple and Microsoft.If he invests $1 000 in Apple,there is a 40% probability that his investment will be worth only $800 and a 60% probability that it will be worth $1 200 at the end of a year.If he invests $500 in Apple,there is a 40% probability that his investment will be worth $400 and a 60% probability that it will be worth $600 at the end of a year.The corresponding numbers for investment in Microsoft are identical.
-(Scenario: Buying Shares) Use Scenario: Buying Shares.The probability that Geordie will make a gain is _____% if he invests $1 000 in either Apple or Microsoft.The probability that he will make a gain is _____% if he invests $500 apiece in Apple and in Microsoft.

• A) 60;60
• B) 60;84
• C) 76;24
• D) 60;36