What is the expected return from the film

Reference no: EM131404514

A film production company is about to release a new movie. They estimate that there is a 5% chance that the film will make a profit of $14m, a 30% chance that it will make a profit of $1m, a 25% chance that it will break even and a 40% chance that it will make a loss of $2 m. What is the expected return from the film?

Reference no: EM131404514

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