Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather. His investment advisor has identified two alternatives and constructed the following tables which show (1)expected profits (in $10,000's)for various market conditions and their probabilities,and (2)the advisor's track record on predicting Bull and Bear markets. The EMV of this investment opportunity with the advisor's prediction is ________.
A) $167,379
B) $174,200
C) $153,900
D) $136,700
E) $140,011

Question

Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather. His investment advisor has identified two alternatives and constructed the following tables which show (1)expected profits (in $10,000's)for various market conditions and their probabilities,and (2)the advisor's track record on predicting Bull and Bear markets.  The EMV of this investment opportunity with the advisor's prediction is ________.
A) $167,379 
B) $174,200 
C) $153,900 
D) $136,700 
E) $140,011

Quizplus · Accepted Answer

The Answer of Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather. His investment advisor has identified two alternatives and constructed the following tables which show (1)expected profits (in $10,000's)for various market conditions and their probabilities,and (2)the advisor's track record on predicting Bull and Bear markets.  The EMV of this investment opportunity with the advisor's prediction is ________.
A) $167,379 
B) $174,200 
C) $153,900 
D) $136,700 
E) $140,011

Ray Crofford Is Evaluating Investment Alternatives for the $100,000 Which