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

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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. A) $30,000 B) $63,000 C) $78,000 D) $81,000 E) $100,000


A) $30,000
B) $63,000
C) $78,000
D) $81,000
E) $100,000

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