As the chief investment officer for a nyce place to work


As the Chief Investment Officer for "A Nyce Place to Work" you have been given the opportunity to invest in the Super-Tazer. It is a tazer, that when you push the button incapacitates everyone in a 10 foot radius of you. You have figured out that there are three potential outcomes for this investment:

Outcome   Probability   Return

1.             .25               .10

2.             .50               .25

3.             .25               .40

What is the expected return on the investment?

Make sure your answer is in a decimal format (.10, .55, etc...) not a percentage (50%). Round (if necessary) to the hundreths position.

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Business Economics: As the chief investment officer for a nyce place to work
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