A developer wants to make an investment of $150.000 on a plece of commercial property. If...

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A developer wants to make an investment of $150.000 on a plece of commercial property. If he sells the property after 1 year,

business economics

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Answer 1

Answer #1

expected value should be

=chance%*value

=16%*205000+48%*165000+36%*135000

=160600

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Answer 2

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