Mathematics, 19.02.2020 17:02 XVARYX
ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800
value, 20% probability of a $2,100 value, and 25% probability of a $2.700 value. What is the expected value of the investment after five years?
A
$2,085
B. $2,000
C. $1,950
D. $1,545
Answers: 2
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