A venture capitalist, willing to invest $1,000,000, has

Last updated: 7/18/2022

A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 11% chance of returning $10,000,000 profit, a 45% chance of returning $2,500,000 profit, and a 44% chance of losing the million dollars. The second company, a hardware company, has a 10% chance of returning $10,000,000 profit, a 44% chance of returning $1,000,000 profit, and a 46% chance of losing the million dollars. The third company, a biotech firm, has a 12% chance of returning $6,000,000 profit, a 29% of no profit or loss, and a 59% chance of losing the million dollars. Order the expected values from smallest to largest. third, first, second second, third, first third, second, first first, third, second second, first, third first, second, third