ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probab

Question

3 years ago

6

ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probab

ility of a $1,800
value, 20% probability of a $2,100 value, and 25% probability of a $2.700 value. What is the expected value of the investment after five years?
A
$2,085
B. $2,000
C. $1,950
D. $1,545

Mathematics

1 answer:

SVETLANKA909090 [29] · Answer 1 · 2022-08-14T11:24:23+03:00

SVETLANKA909090 [29]3 years ago

6 0

Answer:

Step-by-step explanation:

c is the answer