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anonymous

  • 5 years ago

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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  1. anonymous
    • 5 years ago
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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?

  2. anonymous
    • 5 years ago
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    Err. I dont really want to answer the question as it appears to be a homework problem but the answer by gloomberg is wrong.

  3. anonymous
    • 5 years ago
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    Actually it isnt wrong ... i misread the question.

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spraguer (Moderator)
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