Scenario: You are deciding among three investments, as you do for Case 4. You have heard of an expert who has a highly reliable track record in the correct identification of favorable vs. unfavorable market conditions. You are now considering whether to consult this expert. Therefore, you need to determine whether it would be worth paying the experts fee to get his prediction. You recognize that you need to do further analysis to determine the value of the information that the expert might provide. In order to simplify the analysis, you have decided to look at two possible outcomes for each alternative (instead of three).
