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A company has the opportunity to invest in one of three possible investments. T...
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A company has the opportunity to invest in one of three possible investments. The financial analysts predict the following possible outcomes for the three investments:
Outcome
|
Probability
|
Investment C:
Expected return
|
Investment D:
Expected return
|
Investment E:
Expected return
|
Pessimistic
|
30%
|
2%
|
8%
|
6%
|
Most likely
|
40%
|
10%
|
10%
|
8%
|
Optimistic
|
30%
|
18%
|
12%
|
11%
|
Calculate the range of returns for the three investments.
0%
0%
0%
0%