Ray Crofford is evaluating investment alternatives for the $100,000 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 Stocks alternative,using revised probabilities,is ________.
A) $168,900
B) $207,650
C) $157,300
D) $306,000
E) $134,650
Correct Answer:
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