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Ray Crofford Is Evaluating Investment Alternatives for the $100,000 Which

Question 39

Multiple Choice

Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather.His investment advisor has identified four alternatives and constructed the following table which shows expected profits (in $10,000's) for various market conditions and their probabilities: Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather.His investment advisor has identified four alternatives and constructed the following table which shows expected profits (in $10,000's) for various market conditions and their probabilities: The expected value of perfect information is ___. A) $57,000 B) $63,000 C) $79,000 D) $82,000 E) $87,000 The expected value of perfect information is ___.


A) $57,000
B) $63,000
C) $79,000
D) $82,000
E) $87,000

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