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Depending upon the state of the economy, Ables Manufacturing Corp. expects to sell the following number of prefabricated buildings. The probability of each state is indicated. What is the expected value of the total sales projection?
Outcome Probability Units PriceBad 0.20 100 $20Normal 0.50 180 $25Great 0.30 210 $30
$4,500
$4,540
$12,800
none of these
The derivatives market is complex because derivative buying and selling includes many things like financial contracts.
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Upon completion of her introductory finance course Marla lee was so pleased with the value of useful and interesting knowledge she gained that she convinced her parents,
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Faulk Corporation is going through a period of growth. The corporation just paid a dividend of $1.50 per share and expects dividends to grow at a 22 percent rate for next sevenyears and then level off to a constant rate thereafter.
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