subject
Business, 11.02.2020 20:46 Daxtyn

3. You have been given the choice of receiving $500 in cash or receiving a gold coin that has a face value of $100. However, the actual value of the gold coin depends upon its gold content. You are told that the coin has a 40% chance of being worth $400, a 30% probability of being worth $900, and a 30% probability of being worth its face value. Basing your decision upon expected value, should you choose the coin?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 06:00, aliami0306oyaj0n
Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow
Answers: 3
image
Business, 22.06.2019 10:00, Randomkid0973
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
image
Business, 22.06.2019 19:30, kraigstlistt
Each row in a database is a set of unique information called a(n) table. record. object. field.
Answers: 3
image
Business, 22.06.2019 19:40, mahoganyking16
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
Answers: 2
You know the right answer?
3. You have been given the choice of receiving $500 in cash or receiving a gold coin that has a face...

Questions in other subjects:

Konu
Physics, 25.08.2019 08:00
Konu
Biology, 25.08.2019 08:00