Question: You are asked to choose between two projects, A or B based on the highest gain ( or the lowest loss ) . A will

You are asked to choose between two projects, A or B based on the highest gain (or the lowest loss).A will cost $650,000 and B will cost $480,000.There is a 55% chance that project A will be successful, which will result in a gain of $1,700,000. If project A fails, there will be a loss of $1,100,000.There is a 65% project B will be successful, and that will result in a $980,000 gain. If Project B fails, there will be a loss of $710,000.Based on this information, what is the value of the best alternative?Based on above information;- Prepare a detailed decision tree with all calculations. Ensure you indicate the option you will opt in this case scenario.

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