Refer to Exercise 5.35, but suppose that the projects are scheduled consecutively with A in the first

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Refer to Exercise 5.35, but suppose that the projects are scheduled consecutively with A in the first year and B in the second year. The company’s chance of winning project A is still

.50. Instead of the assumption of independence, now assume that if the company wins project A, its chance of winning B becomes .80 due to a boost of its image, whereas its chance drops to .40 in case it fails to win A. Under this premise, do parts (a–c).

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