Question: Under normal conditions ( 7 0 % probability ) , Financing Plan A will produce $ 2 4 , 0 0 0 higher return than

Under normal conditions (70% probability), Financing Plan A will produce $24,000 higher return than Plan B. Under tight money conditions (30% probability), Plan A will produce $40,000 less than Plan B. What is the expected value of return for Plan A over Plan B?
$4,800
$28,800
$4,000
$35,200

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