A certain company pays dividends based on the overall state of the economy. You think that...

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A certain company pays dividends based on the overall state of the economy. You think that the economy has three possible sta

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Answer 1

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The expected value of the dividend is option A - $5.67. The steps of the solution are as follows: O2itola Solution Each State the ecnsm chance occenng 2 one in three +$5) $10+ $5 +$2 OR 17 3 $5. 666 $5.67 (Rounded a

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