He will do so if he thinks he can get his money back in one


A man wants to decide whether to invest $1000 in a friend's speculative venture. He will do so if he thinks he can get his money back in one year. He believes the probabilities of the various outcomes at the end of one year are as follows

2032_probabilities of the various outcomes.png

What would be his expected outcome if he invests the $1000?

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Business Economics: He will do so if he thinks he can get his money back in one
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