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Assume that an investment is forcasted to produce the follow

Paper help Economics Assume that an investment is forcasted to produce the follow

Economics

Assume that an investment is forcasted to produce the follow

Assume that an investment is forcasted to produce the following returns: a 20% probability of a $120… Show more Assume that an investment is forcasted to produce the following returns: a 20% probability of a $1200 return; 50% probabilty of a $5600 return and 30% probabilty of $9500 return. What is the expected amount of return this investment will produce? • Show less

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