Individual is considering two investment projects

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An individual is considering two investment projects. Project A will return a zero profit if conditions are poor, a profit of $4.00 if conitions are good, and a profit of $8.00 if conditions are excellent. Project B will return a profit of $2.00 of conditions are poor, a profit of $3.00 if conditions are good and a profit of $4.00 if conditions are excellent. The probability distribution of conditions is as followed.

Reference no: EM13156849

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