Question: exam please answer Question 16 1 pts A VP has the option of funding a project that has a 20% chance of success. If the
Question 16 1 pts A VP has the option of funding a project that has a 20% chance of success. If the project is successful there's a 50% change it will be highly successful and result in a $75,000 net profit. If the project is successful there's a 50% change it will have low success and result in a $10,000 net profit. If the project is not successful, it will cost the company $10,000. Create a decision tree and determine the expected value of the project. $50,000 $500 $8,000 $75,000 -$2,000 $200,000 $150,000 o $13,000
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