Question: Under normal conditions (65% probability), Plan A will produce a $31,000 higher return than Plan B. Under tight money conditions (35% probability), Plan A will

Under normal conditions (65% probability), Plan A will produce a $31,000 higher return than Plan B. Under tight money conditions (35% probability), Plan A will produce $117,000 less than Plan B. What is the expected value of return? (Amounts in parentheses indicate negative values.) Multiple Choice $61,100 ($40,950) ($20,800) $20,150

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