Solved

A Project's Expected Return Is 15%, Which Represents a 35

Question 29

Multiple Choice

A project's expected return is 15%, which represents a 35% return in a booming economy and a 5% return in a stagnant economy. What is the probability of a booming economy occurring if these are the only two economic states?


A) 18.33%
B) 25.00%
C) 33.33%
D) 50.00%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions