Question: Express Co. is developing a silver mine at a cost of P5 million.There is a 20% probability that silver worth P15 million can be sold.There

Express Co. is developing a silver mine at a cost of P5 million.There is a 20% probability that silver worth P15 million can be sold.There is a 20% probability that the silver will only be worth P500,000.What is the maximum Express would be willing to spend to develop the mine?

A. P10,000,000 C. P3,100,000

B. P 5,000,000 D. P0

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