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Author Question: You are watching the Inter Milan vs. Barcelona Champions League game with your best friend Joe. You ... (Read 29 times)

sheilaspns

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on: Apr 25, 2021

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
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Marked as best answer by sheilaspns on Apr 25, 2021

marict

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Reply #1 on: Apr 25, 2021
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.
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sheilaspns

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

rachel

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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