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20. Project A is a 3 year project that will cost GBP 50,000 today. You have estimated the following probability distribution for the future

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20. Project A is a 3 year project that will cost GBP 50,000 today. You have estimated the following probability distribution for the future cash flows from the project: Event Probability Cash Flows for years 1-3 Economy remains the same 60% 30,000 Improved economy 10% 35,000 Recession 30% 26,000 Refer to the information above. Assume the appropriate cost of capital is 15%, What is the NPV of Project A? Round your answer to the nearest pound. E19,647 16,898 -23,623 19,257 -5,634

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