Alliance Corp. expects to sell the following number of units of copper cables at the indicated prices,
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Question:
Alliance Corp. expects to sell the following number of units of copper cables at the indicated prices, under three different economic scenarios. The probability of each outcome is indicated.
Result | Probability | Units | Price | |
A | 0,60 | 275 | ps | 30 |
B | 0.20 | 470 | 45 | |
C | 0.20 | 710 | 55 | |
What is the expected value of the total sales projection? |
Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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