everything is the same except that probability of low response is 0.1, moderate response is 0.3, high response is 0.4 and very high response is 0.2

show your work.

A project has an initial cost of $2,800 and the Wellsley Corporation's cost of 14-2 capital is 10 percent. The project has the following probability distribution of expected net cash flows in each of the next three years: Possible Market Reaction Probability Net Cash Flow $1,000 Low response 0.20 Moderate response 2,000 0.10 3,000 High response Very high response 0.30 4,000 0.40 (a) Determine the project's expected value of net cash flows in each of the next three years. (b) Determine the net present value of the project. (c) Determine the standard deviation of net cash flows in each of the next three years