Question: Answer uestion 5 (2 points) A firm is evaluating a product. The market demand for the product can be low or high. The product requires
Answer uestion 5 (2 points) A firm is evaluating a product. The market demand for the product can be low or high. The product requires an investment of $1,000. If the market demand is low.then there is a 70% chance that the product will sell for $800 and a 30% chance it will sell for $1,200. What is the NPV of the project if the market demand is low? Your
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