Question: In the solved Problem 1 that I have posted, how would you revise your decision if the investment for expansion after one year is estimated
In the solved Problem 1 that I have posted, how would you revise your decision if the investment for expansion after one year is estimated at $1 million? You do not have to draw the decision tree for your submission if it takes more than a few minutes of your time. You can simply show your calculations
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