4. Check my work Problem 55-4 (Static) eBook Afirm that plans to expand its product line must decide whether to build a small or a large facility to produce the new products. If it builds a small facility and demand is low, the net present value after deducting for building costs will be $400.000. If demand is high the firm can either maintain the small facility or expand it. Expansion would have a net present value of $450,000, and maintaining the small facility would have a net present value of $50.000 If a large facility is built and demand is high, the estimated net present value is $800,000. If demand turns out to be low, the net present value will be - $10,000. The probabilty that demand will be high is estimated to be 60, and the probability of low demand is estimated to be 40. a. Compute the EVPI. Print References Expected Payott under Certainty Expected Payoff under Risk EVP: s s $ 450,000 476,000 164.000 eBook Print b. Determine the range over which each alternative would be best in terms of the value of P(demand low) (Round your answers to 2 decimal places. Include the indifference probability in your answer ranges. Enter the lower probability in the left answer box and higher probability in the right answer box.) References Ahorative Logo Small olto 0.5410 0.54 1.0