Question: A project has three possible outcomes. The NPV and probabilities for each outcome are shown below: CASE: NPV: Probability BAD -$4,000 0.20 AVERAGE $500 0.50

A project has three possible outcomes. The NPV and probabilities for each outcome are shown below: CASE: NPV: Probability BAD -$4,000 0.20 AVERAGE $500 0.50 GREAT $10,000 0.30 What is the expected NPV for this project if our assumptions are correct
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