Question: Project A is expected to lead to a productivity increase of $700K. The probability for the project to succeed is 60%. If the project fails,

Project A is expected to lead to a productivity increase of $700K. The probability for the project to succeed is 60%. If the project fails, there will be a loss of $200K. What is the expected value of Project A.

$700,000

$500,000

$340,000

$420,000

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