True/False
If the annual cash flows of an investments are: $1,000, $1,500 and $2,000 with probabilities of 0.1, 0.7 and 0.2 respectively. Then expected annual cash flow is $1,800.
The expected sales then may be estimated to be for this Christmas season is $50.2 M
Correct Answer:
Verified
Correct Answer:
Verified
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