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Buchanan Corp

Question 49

Multiple Choice

Buchanan Corp. forecasts the following payoffs from a project: Buchanan Corp. forecasts the following payoffs from a project:   What is the expected value of the outcomes? A)  $5,000 B)  $4,000 C)  $5,300 D)  The forecast is incorrect and must be modified before finding the expected value. What is the expected value of the outcomes?


A) $5,000
B) $4,000
C) $5,300
D) The forecast is incorrect and must be modified before finding the expected value.

Correct Answer:

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