Multiple Choice
Evaluation of two projects has shown for Project X a return of £10m with a 0.8 probability and a return of 0 with probability 0.2, while Project Y has a return of £20m with a probability of 0.5 and a return of 0 with the same probability. What is the expected return?
A) £21m
B) £18m
C) £30m
D) £2m
Correct Answer:

Verified
Correct Answer:
Verified
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