Question: Compute the expected payoffs for each alternative shown in the following decision tree. (Enter your answers in millions. Round your answers to 2 decimal places.)

Compute the expected payoffs for each alternative shown in the following

Compute the expected payoffs for each alternative shown in the following decision tree. (Enter your answers in millions. Round your answers to 2 decimal places.) $1.0 $1.3 $1.3 $1.5 $1.6 $1.8 $0.7 $1.5 $1.0 $1.6 $1.6 $1.5 $1.7 $0.9 $1.4 $1.0 $1.0 $1.1 $0.9 and Other use #1 Expand Medium demand (5 Other use #1 Other use #1 Net present value in millions $2.4 EVpuld

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