This topic contains a solution. Click here to go to the answer

Author Question: You are watching the Inter Milan vs. Barcelona Champions League game with your best friend Joe. You ... (Read 50 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567

Question 1

XYZ Corp expects to have $350,000 in sales in a poor economy, $500,000 in a moderate economy, and $900,000 in a booming economy. If the chances of a booming economy and poor economy are 10% each, what is the expected return?
◦ 525,000
◦ 512,500
◦ 500,000
◦ 805,000
◦ 621,000

Question 2

You are watching the Inter Milan vs. Barcelona Champions League game with your best friend Joe. You make a deal with Joe:
If Barcelona wins, you walk away with $110.
If Inter Milan wins, you walk away with $50.
If you paid $100, what is your expected return assuming that each team has an equal probability of winning?
◦ -0.21
◦ -0.22
◦ -0.20
◦ -0.23
◦ -0.24


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sheilaspns on Apr 25, 2021

marict

  • Sr. Member
  • ****
  • Posts: 304
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




sheilaspns

  • Member
  • Posts: 567
Reply 2 on: Apr 25, 2021
Wow, this really help


mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library