Post Utme Uniben 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Uniben Commerce examination.

Post Utme Uniben 2019 Commerce Objective / Multiple Choice

Question 37 POST_UTME_UNIBEN • 2019 • COMMERCE • objective

A firm is considering two investment projects, A and B. Project A has a 10% chance of a 20% return, and a 90% chance of a 5% return. Project B has a 20% chance of a 30% return, and an 80% chance of a 2% return. Which project has a higher expected return?

Correct Answer A. Project A

B. Project B

C. Both projects have the same expected return

D. Neither project has a higher expected return

Correct Answer

Correct Option:

Project A

This is Post Utme Uniben 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Uniben Commerce examination.

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