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Use the Following Information,which Describes the Possible Outcomes from Investing

Question 41

Multiple Choice

Use the following information,which describes the possible outcomes from investing in a particular asset,to answer the following question(s) .
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
-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

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