Scenario 5.4: Suppose an Individual Is Considering an Investment in Which There

Multiple Choice

Scenario 5.4:
Suppose an individual is considering an investment in which there are exactly three possible outcomes, whose probabilities and payoffs are given below:
The expected value of the investment is $25. Although all the information is correct, information is missing.
-Refer to Scenario 5.4. What is the probability of outcome B?

A) 0
B) -0.5
C) 0.5
D) 0.4
E) 0.2