b. Option value = .3($5.51) + .3($1.94) + .4(0) = $2.23 million Worth of project = -$2.57
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b. Option value = .3($5.51) + .3($1.94) + .4(0)
= $2.23 million Worth of project = -$2.57 + $2.23= -$.34 million
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