Question: Under normal conditions (60% probability), Plan A will produce a $31,000 higher return than Plan B. Under tight money conditions (40% probability), Plan A will

Under normal conditions (60% probability), Plan A will produce a $31,000 higher return than Plan B. Under tight money conditions (40% probability), Plan A will produce $112,000 less than Plan B. What is the expected value of return? (Amounts in parentheses indicate negative values.)

$63,400
$18,600
($26,200)
($44,800)

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