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Inga [223]
3 years ago
9

You have won a game and can now choose between two options: option A: a gift of $10, guaranteed option B: a chance to keep playi

ng to win $8000 with a probability of 0.001, otherwise winning only $2 (a consolation prize for having passed up the $10). Choosing option A has an expectation of $10. What is the expectation of option B
Business
2 answers:
Len [333]3 years ago
7 0

Answer:

$10

Explanation:

Lets assume we choice or go for option B, we will have a 0.999 probability of winning $2, and also we will have 0.001 probability of winning the $800. This is to say, expectation value B will be given as;

E(B) = 0.999×2+0.001×800

E(B) = $9.80

By approximating, we have expectation of B to be $10

Delvig [45]3 years ago
5 0

Answer:

$10

Explanation:

By choosing option B, you have a 0.001 chance of winning $8000, and a 0.999 chance of winning the $2 consolation prize. Therefore, the expected value of option B is given by:

E(B) = 0.001*\$8000+0.999*\$2\\E(B)=\$9.998

Rounding to the nearest cent, the expectation of option B is also $10.

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Jenkins Inc. has a target capital structure of 40% debt and 60% common equity, with no preferred stock. The YTM on the company’s
Natalka [10]

Answer:

15.57%

Explanation:

The WAAC (Weighted average cost of capital) is given by:

WAAC = M*W_d*(1-T)+E*W_E

Where M is the rate to maturity of the company's bonds, Wd is the fraction of debt, We is the fraction of equity, T is the tax rate, and E is the rate of cost of common equity. Applying the given data:

0.115=0.09*0.4*(1-0.4)+E*0.6\\E=0.1557\\E=15.57\%

The company’s cost of common equity is 15.57%.

5 0
3 years ago
Carrie noticed at work that Chris and Bucky kept asking her advice on office procedures. Soon, she began to see herself as compe
Kipish [7]

Answer:

The correct answer is Communication with others.

Explanation:

Communication is the conscious action of exchanging information between two or more participants in order to transmit or receive different information or opinions. It is a process by which a message with a specific purpose is transmitted through a recognized code between the sender and the receiver. The basic steps of communication are the formation of an intention to communicate, the composition of the message, the encoding of the message, the transmission of the signal, the reception of the signal, the decoding of the message and finally, the interpretation of the message by of a receiver.

Communication in general takes place between three main subject categories: human beings (language), living organisms (biosemiotics) and enabled communication devices (cybernetics).

In a general sense, communication is union, contact with other beings, and can be defined as the process by which information is transmitted from one point to another.

Its purpose or objective can be called under the action of informing, generating actions, creating an understanding or transmitting a certain idea. The communicators have the function of delivering true and confirmed information from more than three sources.

7 0
3 years ago
Line of customers waiting to pay. The first customer asks you for directions to the airport.
Mashutka [201]

Answer:

the answer is a

Explanation:

because all you have to do is just give them some quick directions and then move on to the rest of the customers but treat them all the same

3 0
3 years ago
Read 2 more answers
how a teacher can use motivational strategies to control problem behavior in classroom give an example
noname [10]
<h3><u>Answer</u></h3>

The Earth’s mantle is made up of Tectonic plates that are forever moving as the Earth cools down. This happens over billions of years, and one of the most notable ones is around the Pacific rim where Earthquakes, (seismic activity) happens quite often

The Rift Valley in Ethiopia lies along the edge of the African Tectonic Plate, and continues down through parts of Somalia and into Kenya.

Just recently a rift opened up in Kenya, which seismologists seem to think is the pre-cursor of a major tectonic plate movement, splitting apart a part of Africa, which could include Ethiopia

Here are some strategies that can be used in the classroom to help motivate students:

  • Promote growth mindset over fixed mindset.
  • Develop meaningful and respectful relationships with your students.
  • Grow a community of learners in your classroom.
  • Establish high expectations and establish clear goals.
  • Be inspirational.
5 0
3 years ago
On October 1, 2015, Zircon Jewelry Company accepted a 4-month, 10% note for $2,400 in settlement of an overdue account receivabl
Whitepunk [10]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $2,480

         To Interest receivable $60

         To Interest revenue $20

         To Note receivable $2,400

(Being the collection of funds is recorded)

The computation of interest receivable is shown below:

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $2,400 × 10% × (3 months ÷ 12 months)

= $60

And for interest revenue would be

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $2,400 × 10% × (1 months ÷ 12 months)

= $20

7 0
3 years ago
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