You Have a Project That Costs $800,000

question 3

Multiple Choice

You have a project that costs $800,000.It has a 1/3 chance of paying off $3,000,000 and a 2/3 chance of paying off $0.What is the expected profit from the new project?

• A)$300,000
• B)$200,000
• C)$100,000
• D)zero

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Definitions:

Autonomous

The ability to make one's own decisions and govern oneself with independence and self-direction.

Connection

The act or state of being connected, linked, or associated with something or someone.

Sense of Identity

A person's perception and understanding of themselves, including their beliefs, values, and personality.

Developing the Self

The process of understanding, accepting, and nurturing one’s identity, values, and beliefs to foster personal growth and well-being.