considering a small manufacturing base in Vietnam. The project will have an initial outlay of 2m has a 0.55 probability of producing a return of 1.7m in Year 1 and a 0.45 probability of delivering a return of 1m in Year 1. If the 1.7m results occurs then the second year could return either 2.8m probability of 0.6 or 1.9m probability of 0.4. If the 1m result for Year 1 occurs then either 1.1m probability 0.5 or 600000 probability of 0.5 could be received in the second year. All cash flows occur on anniversary dates. The discount rate for this project is 15 Required 1 Calculate a The expected NPV. o The standard deviation of NPV. The probability of the NPV being less than zero assuming a normal distribution of return