IDNLearn.com provides a user-friendly platform for finding and sharing knowledge. Join our Q&A platform to get accurate and thorough answers to all your pressing questions.
Sagot :
The expected monetary value of the investment of $1,000 in Company A is $800.
Data and Calculations:
Cost of investment in Company A = $1,000
Probability of doubling investment = 40%
Probability of losing investment = 60%
Expected monetary value of investment = $800 ($2,000 x 40% + $0 x 60%)
Thus, the expected monetary value of the investment is $800.
Learn more: https://brainly.com/question/13905997
Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. Find the answers you need at IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.