The appropriate rate of return is - what is the expected


A new business opportunity has a 70% change of being worth $500,000 next year and a 30% chance of being worth $100,000. The appropriate rate of return is !-%. What is the expected value of this investment? Choices are: $300,000, $220,000, $380,000 or none of the above.

Solution Preview :

Prepared by a verified Expert
Finance Basics: The appropriate rate of return is - what is the expected
Reference No:- TGS02522686

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)