Tuesday, 11 February 2020

Mr. Hamududu, one of the most prominent Investors in Lusaka, is considering investing in

Mr. Hamududu, one of the most prominent Investors in Lusaka, is considering investing in two projects each with a 50 percent probability of success. The expected amounts of initial investments are K645, 000 and K1, 500,000 respectively. Calculate the probability weighted average investment for the two projects.                      

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