Ray Crawford is evaluating investment alternatives for the $1000,000 which he inherited from his grandfather.His investment advisor has identified two alternatives
And constructed the following tables which show (1)expected profits (in $10,000's)for
Various market conditions and their probabilities, and (2)the advisor's track record on
Predicting Bull and Bear markets:
If the advisor predicts a Bull market the EMV of the Bonds alternative, using revised probabilities, is ___.
A)$85,240
B)$25,710
C)$108,450
D)$75,480

Question

Ray Crawford is evaluating investment alternatives for the $1000,000 which he inherited from his grandfather.His investment advisor has identified two alternatives
And constructed the following tables which show (1)expected profits (in $10,000's)for
Various market conditions and their probabilities, and (2)the advisor's track record on
Predicting Bull and Bear markets:
 If the advisor predicts a Bull market the EMV of the Bonds alternative, using revised probabilities, is ___.
A)$85,240 
B)$25,710 
C)$108,450 
D)$75,480

Quizplus · Accepted Answer

The Answer of Ray Crawford is evaluating investment alternatives for the $1000,000 which he inherited from his grandfather.His investment advisor has identified two alternatives
And constructed the following tables which show (1)expected profits (in $10,000's)for
Various market conditions and their probabilities, and (2)the advisor's track record on
Predicting Bull and Bear markets:
 If the advisor predicts a Bull market the EMV of the Bonds alternative, using revised probabilities, is ___.
A)$85,240 
B)$25,710 
C)$108,450 
D)$75,480

Ray Crawford Is Evaluating Investment Alternatives for the $1000,000 Which