Find the average expected growth rate using your new forecast ?

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Help Center Question 2 10 out of 10 points An early-stage venture management forecasts the following sales growth rates and attached probabilities for three different scenarios Probability Scenario Growth Rate 0.25 Optimistic 60% 40% Modest 0.35 Pessimistic 0.40 But, you think that the optimistic forecast is too upwardly biased and should be totally ignored. The remaining two scenarios should have equal probabilities and the associated growth rates for the two scenarios should be 40% and 5% instead of the 40% and 20% respectiv Find the average or expected growth rate using your new forecast Selected Answer: GC. 22.59% A. 16.59% B, 19.496 C. 22.59% D, 24.9%