Question: Back Back Problem 7 Lets assume that coefficient of optimism is 0.7. What is the value of the best decision given the following information? Decision

Back Back Problem 7 Lets assume that coefficient

Back Back Problem 7 Lets assume that coefficient of optimism is 0.7. What is the value of the best decision given the following information? Decision Expand Maintain Status Quo Sell Now States of Nature Favorable Unfavorable Market Market $800,000 $200,000 $100,000 $100,000 $320,000 $200,000

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