In conducting a sensitivity analysis of a proposed project, the present worth values of $10,000, $40,000, and
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In conducting a sensitivity analysis of a proposed project, the present worth values of $–10,000, $40,000, and $50,000 were believed to have chances of 25%, 40%, and 35%, respectively. The expected PW is closest to:
(a) $19,000
(b) $26,000
(c) $28,500
(d) $31,000
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