Malik is considering investing $900 in a certain company. Financial advisors forecast that there is a 30% chance that the stock will increase in value by 150%, and a 50% chance that he will lose his initial investment. Determine if Malik should make the investment, and find the expected value of the investment.
A. Yes, the expected value is - $45.
B. No, the expected value is - $45.
C. Yes, the expected value is $855.
D. No, the expected value is $855.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Malik is considering investing $900 in a certain company. Financial advisors forecast that there is a 30% chance that the stock will ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Determine the initial height of the ball and the time interval before the ball hits the ground. initial height = 0; hits the ground between 5 and 6 seconds initial height = 150; hits the ground between 5 and 6 seconds initial height = 0;
Answers (1)
Differentiate y = xe^x+7
Answers (1)
Can the complement of an angle be greater than the angle? Less than the angle? Equal to the angle?
Answers (1)
Ms. taylor bought a water tube to pull behind her boat. the tube cost $87.00 and 9% sales tax was added at the register. ms. taylor gave the cashier five $20 bills. how much change should she have received.
Answers (1)
Which of the following describes how to translate the graph y = lxl to obtain the graph of y = lx + 1l + 1? shift 1 unit left and 1 unit down shift 1 unit left and 1 unit up shift 1 unit right and 1 unit down shift 1 unit right and 1 unit up
Answers (1)
New Questions in Mathematics
Match the type of loan to its correct purpose. 1. a loan used to pay for educational expenses, such as college tuition, books, and housing small-business loan 2. a loan used to purchase a new or used car student loan 3.
Answers (2)
An item sells for 2 for 66 cents. What would 5 items sell for?
Answers (1)
What is true about the completly simplified difference of the polynomials 6x^6-x^3y^4-5xy^5 and 4x^5y+2x^3y^4+5xy^5 •the difference has 3 terms and a degree of 6 •the difference has 4 terms and a degree of 6 •the difference has 3 terms and a degree
Answers (1)
Six sandwiches are being divided evenly by 4 friends. how many sandwiches will each friend get.
Answers (2)
If lines are parallel, their intersection forms a right angle. TRUE FALSE
Answers (2)