Question: Under normal conditions (65% probability), Plan A will produce a $36,000 higher return than Plan B. Under tight money conditions (35% probability), Plan A will

Under normal conditions (65% probability), Plan A will produce a $36,000 higher return than Plan B. Under tight money conditions (35% probability), Plan A will produce $108,000 less than Plan B. What is the expected value of return? (Amounts in parentheses indicate negative values.) Multiple Choice O ($14,400) $23,400 $61,200 ($37,800)

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