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book Managerial Economics & Organizational Architecture 5th Edition by James Brickley, Jerold Zimmerman, Clifford Smith cover

Managerial Economics & Organizational Architecture 5th Edition by James Brickley, Jerold Zimmerman, Clifford Smith

النسخة 5الرقم المعياري الدولي: 978-0073375823
book Managerial Economics & Organizational Architecture 5th Edition by James Brickley, Jerold Zimmerman, Clifford Smith cover

Managerial Economics & Organizational Architecture 5th Edition by James Brickley, Jerold Zimmerman, Clifford Smith

النسخة 5الرقم المعياري الدولي: 978-0073375823
تمرين 22
Suppose that an investment can yield three possible cash flows: $5,000; $1,000; or $0. The probability of each outcome is 1/3.
a. What is the expected value and standard deviation of the investment
b. How much would a risk-neutral person be willing to pay for the investment
c. How much would a risk-averse person be willing to pay for the investment
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Managerial Economics & Organizational Architecture 5th Edition by James Brickley, Jerold Zimmerman, Clifford Smith
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