in a proposed bussiness venture a bussiness woman estimates there is a 60 percent chance she will make 62,000 and a 40 percent chance she will loose 51,000. determine her expected value

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in a proposed bussiness venture a bussiness woman estimates there is a 60 percent chance she will make 62,000 and a 40 percent chance she will loose 51,000. determine her expected value

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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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62,000(0.60)-51,000(0.40)=16,800, similar to weighted average of the probability. has this got to do with real options?
Err. I dont really want to answer the question as it appears to be a homework problem but the answer by gloomberg is wrong.
Actually it isnt wrong ... i misread the question.

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