Multiple Choice
Use the following information,which describes the possible outcomes from investing in a particular asset,to answer the following question(s) .
-What is the expected return on an investment that has the following expected scenario? If there is a 10% probability of a booming economy,$250 return;if there is a 70% probability of a moderate economy,$154 return;if there is a 20% probability of a declining economy,$50 return.
A) $154.00
B) $142.80
C) $65.00
D) $15.12
Correct Answer:

Verified
Correct Answer:
Verified
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