15.1 The managers of Merton Medical Clinic are analyzing a proposed project. The project's most likely NPV is $120,000, but as evidenced by the following NPV distribution, there is considerable risk involved: Probability NPV 0.05 ($700,000) 0.20 (250,000) 0.50 120,000 0.20 200,000 0.05 300,000 a. What: are the project's expected NPV and standard deviation of NPV? b. Should the base case analysis use the most likely NPV or the expected NPV? Explain your