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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

User Atl
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2 Answers

2 votes

Answer:

C.

Explanation:

User Thecoolwinter
by
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2 votes

Answer:

Explanation:

c is the answer

User Melaos
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