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Modigliani and Associates has forecasted the follo...

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Modigliani and Associates has forecasted the following payoffs from a project: Outcome Probability of Outcome Assumptions $0 20% pessimistic $5,000 60% moderately successful $7,000 20% optimistic What is the expected value of the outcomes? (Rounded to nearest whole number)

 

Paper#10166 | Written in 18-Jul-2015

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