Under normal conditions (75% probability), financing plan a will produce $25,000 higher return than plan
b. under tight money conditions (25% probability), plan a will produce $32,000 less than plan
b. what is the expected value of returns?
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Home » Business » Under normal conditions (75% probability), financing plan a will produce $25,000 higher return than plan b. under tight money conditions (25% probability), plan a will produce $32,000 less than plan b. what is the expected value of returns?