Order the answer to: Over the last 10 years, the hurdle

Academic Help business economics Order the answer to: Over the last 10 years, the hurdle

business economics

Order the answer to: Over the last 10 years, the hurdle

Question Over the last 10 years, the hurdle or discount rate for projects from the firm’s research and development division has been 10% twice, 15% three times, and 20% the rest of the time. There is no recognizable pattern. Calculate the probability distribution and the expected value for next year’s discount rate.
Subject business economics
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