Business
Business, 26.05.2021 01:20, lumikuz123

A VP has the option of funding a project that has a 20% chance of success. If the project is successful there's a 50% change it will be highly successful and result in a $200,000 net profit. If the project is successful there's a 50% change it will have low success and result in a $10,000 net profit. If the project is not successful, it will cost the company $10,000. Create a decision tree and determine the expected value of the project.

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A VP has the option of funding a project that has a 20% chance of success. If the project is success...

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