question archive 2) Kals Investment Group will receive a sum of $75,000 two years later for an investment of $40,000 if event A were to occur, and will receive nothing if event A were not to occur
Subject:EconomicsPrice: Bought3
2) Kals Investment Group will receive a sum of $75,000 two years later for an investment of
$40,000 if event A were to occur, and will receive nothing if event A were not to occur. The probability of event
A occurring is 90%. What is the expected rate of return for this investment ?