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You Have a Decision to Invest $10,000 in Any of Four

Question 1

Essay

You have a decision to invest $10,000 in any of four different companies. You estimate the probabilities that the economy will be favorable or unfavorable, and you estimate the percent returns over the next year. You have a decision to invest $10,000 in any of four different companies. You estimate the probabilities that the economy will be favorable or unfavorable, and you estimate the percent returns over the next year. What is the expected value for Company 3? What is the expected value for Company 3?

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