30 4 points The net present values for two investment projects for each of three states of the economy are summarised in the table below. Possible state of the economy Project 1 [Em] High growth Project 2 [Em] The probabilities of the states of the economy for the duration of these projects are as follows: Medium growth Low or no growth 10 High growth Medium growth 0.3 0.5 Low or no growth 0.2 What is the expected net present value of Project 17 Calculate your answer correct to 1 decimal place. Type your answer... Previous Next