Type the correct answer in each box. Use numerals instead of words.
An Investment worth $50,000...
Type the correct answer in each box. Use numerals instead of words.
An Investment worth $50,000 has these expectations of returns:
• 3096 chance of ending up worth $40,000
• 50% chance of ending up worth $50,100
• 20% chance of ending up worth $65,000
Determine the expected value and risk.
. The investment is risky because it has only a
% chance of making a significant
The expected value of the investment is $
return.
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