A decision tree for a one-year project that costs $100,000 shows the following possibilities: A 30% best case scenario of $847,000 in returns, a 30% base case scenario of $421,000 in returns, and a 40% worst case scenario of minus $487,000 in returns. If the cash flows occur at the end of the year, what is the project's expected NPV if the discount rate is 9.20%?

Answer rating: 100% (QA)

To calculate the expected NPV Net Present Value of the project we need to find the present value of ... View the full answer