Problem 55-9 (Static) A firm must decide whether to construct a small, medium, or large stamping plant A consultant's report Indicates a 20 probability that demand will be low and an 80 probability that demand will be high If the firm builds a small facility and demand turns out to be low, the net present value will be $42 million. If demand turns out to be high, the firm can either subcontract and realize the net present value of $42 million or expand greatly for a net present value of $48 million The firm could build a medium-size facility as a hedge. If demand turns out to be low, its net present value is estimated at $22 milion If demand turns out to be high the firm could do nothing and realize a net present value of $46 million, or it could expand and realize a net present value of $50 milion if the firm builds a large facility and demand is low, the net present value will be - $20 milton, whereas high demand will result in a net present value of $72 million b. What is the maximin alternative? (Negative amount should be indicated by a minus sign.) Alternative Coton Macmin Net present value million c Compute the EVPL (Round your answer to 1 decimal place.) d. Perform sensitivity analysis on high) (Round your Intercept and Slope answers to nearest whole number and Ev answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Intercept Slope Small Medium Large 1 11 111 Smal and large EV same