Multiple Choice
If a project's expected return is 15 percent, which represents a 35 percent return in a booming economy and a 5 percent return in a stagnant economy, what is the probability of a booming economy?
A) 18.33 percent
B) 25.00 percent
C) 33.33 percent
D) 50.00 percent
Correct Answer:

Verified
Correct Answer:
Verified
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