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What is the expected value of profit

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An investor is considering an investment in a company. She estimates probability 0.25 of a $39,194 loss, probability 0.20 of a $18,234 profit, probability 0.15 of a $49,851 profit, and probability 0.40 of breaking even (a profit of $0). What is the expected value of profit?

Reference no: EM131705654

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