You have invested in a project that has the following cash return schedule: Probability of
Cash Return Occurrence
$40 .15
$50 .20
$60 .30
$70 .30
$80 .05
What is the expected value of the investment's cash return (Round to the nearest $1. )
A)$60
B)$65
C)$58
D)$70

Question

Quizplus · Accepted Answer

The Answer of You have invested in a project that has the following cash return schedule: Probability of
Cash Return Occurrence
$40 .15
$50 .20
$60 .30
$70 .30
$80 .05
What is the expected value of the investment's cash return (Round to the nearest $1. )
A)$60
B)$65
C)$58
D)$70

You Have Invested in a Project That Has the Following