EWMBA 201aFall 2009—VárdyCase Preparation Discussion Questions: Freemark Abbey WineryAnswer and be prepared to discuss the following questions:1.Draw a decision tree to depict the choices and possible events Jaeger is facing. What are the decisions to be made? What are the chance nodes that will occur? What are the payoffs? (In drawing your tree, assume that Jaeger is an expected value maximizer, i.e. that he is risk-neutral.)
This is the end of the preview.
access the rest of the document.