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Business, 04.04.2020 06:48 gabby0524

An investor has purchased stock in a firm. The investor believes that, at the end of the year, there is 0.20 probability that the stock will show a $3000 profit, a 0.10 probability that the stock will show a $6000 profit, and a 0.70 probability that the stock will show a $2000 loss. What is the expected profit in the stock?

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An investor has purchased stock in a firm. The investor believes that, at the end of the year, there...
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