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Mathematics, 09.12.2021 03:40 veronica25681

MC0802: Functional Robotics Corporation buys electrical controllers from a Japanese supplier. The Company's treasurer feels that there is a probaility of 40% that the dollar will fall in value against the Japanese Yen in the next month. The treasurer also believes that if the dollar falls, there is an 80% probability that the supplier will demand renegotiation of the contract. If the dollar does not fall, the treasurer believes that there is a 20% probability that the supplier will demand renegotiation. What is the probability that the supplier will demand renegotiation

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