Question: C D K A B Problem 3 (25 Points) $900 $700 L M N O P Solve the decision tree problem with the given investment

C D K A B Problem 3 (25 Points) $900 $700 L M N O

C D K A B Problem 3 (25 Points) $900 $700 L M N O P Solve the decision tree problem with the given investment payoffs. Show that "C" is the best investment. List the node evaluations in the space provided. What value of payoff on node 2 should replace $900 to make "A" tie for the best investment? What values of probabilities on node 5 should replace 0.35 & 0.65 to make "B" tie for the best investment? (Hint: Use Goal Seek) $400 0.35 a 0.5 5 065 $300 Node Evaluations Node 1: Node 4: Node 2: Node 5: 0.25 $1,000 Node 3: Node 6: 0.75 $1,400 0.6 $500 New Payoff for Node 2 New Probabilities for Node 5 $1,500

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