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Use the Following to Answer the Question(s) Below

Question 19

Multiple Choice

Use the following to answer the question(s) below.
Sunny Side Condominiums recently purchased land outside of Toronto and is trying to decide the size complex it should build (large or small) . The following payoff table (in thousands of dollars) considers three possible levels of demand. Use the following to answer the question(s)  below. Sunny Side Condominiums recently purchased land outside of Toronto and is trying to decide the size complex it should build (large or small) . The following payoff table (in thousands of dollars)  considers three possible levels of demand.   -What is the expected value of perfect information? A)  $326.25 B)  $310 C)  $535 D)  $208.75 E)  $225
-What is the expected value of perfect information?


A) $326.25
B) $310
C) $535
D) $208.75
E) $225

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