Question: Under normal conditions (75% probability), Financing Plan A will produce a $25,000 higher return than Plan B. Under tight money conditions (25% probability), Plan A

Under normal conditions (75% probability), Financing Plan A will produce a $25,000 higher return than Plan B. Under tight money conditions (25% probability), Plan A will produce $39,000 less than Plan B. What is the expected value of return? Multiple Choice $71,200 $63,000 $8,200 $9,000

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