As the uncertainty attached to a future payment ________,the expected value ________.
A)decreases;decreases
B)increases;stays the same
C)decreases;increases
D)increases;becomes positive

Question

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When the uncertainty attached to a future payment decreases, it means the payment is becoming more certain. As a result, the expected value of that payment increases because there is less risk of it not being received or being lower than anticipated.

As the Uncertainty Attached to a Future Payment ________,The Expected