Question: Under normal conditions (65% probability), Plan A will produce a $30,000 higher return than Plan B. Under tight money conditions (35% probability), Plan A will

Under normal conditions (65% probability), Plan A will produce a $30,000 higher return than Plan B. Under tight money conditions (35% probability), Plan A will produce $105,000 less than Plan B. What is the expected value of return? (Amounts in parentheses indicate negative values.)

($36,750)
($17,250)
$19,500
$56,250

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