How much should you be willing to pay for deal


You have been offered a business deal. You estimate that there is a 3% chance of making $100,000; 7% chance of making $40,000; a 20% chance of making $10,000; and 70% chance of making $0. How much should you be willing to pay for this deal?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: How much should you be willing to pay for deal
Reference No:- TGS0112300

Expected delivery within 24 Hours