You Have Invested in a Project That Has the Following

question 48

Multiple Choice

You have invested in a project that has the following cash return schedule: Probability of
Cash Return Occurrence
$40 .15
$50 .20
$60 .30
$70 .30
$80 .05
What is the expected value of the investment's cash return (Round to the nearest $1. )

• A)$60
• B)$65
• C)$58
• D)$70

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Definitions:

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