Question: If there is a 4 0 % chance that a project will make $ 1 0 0 , 0 0 0 and a 6 0

If there is a 40% chance that a project will make $100,000 and a 60% chance that this project will lose $150,000, what is the expected monetary value (EMV) of the outcome for the project?
+$90,000
+$60,000
-$50,000
-$20,000
 If there is a 40% chance that a project will make

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