SOLUTION: Don Vello is considering bringing a lawsuit against the Dummote Chemical company. His lawyer estimates that their is 70% chance Don will make $60,000, a 10% chance Don will break e
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Question 732011: Don Vello is considering bringing a lawsuit against the Dummote Chemical company. His lawyer estimates that their is 70% chance Don will make $60,000, a 10% chance Don will break even, and a 20% chance they will lose the case and Don will need to pay $30,000 in legal fees. Estimate Don's expected gain or loss if proceeds with the lawsuits.
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
$15,000.00
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