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8. A company wishes to invest in one of the two mutually exclusive projects, but the profit outcome of each project depend the sales demand
8. A company wishes to invest in one of the two mutually exclusive projects, but the profit outcome of each project depend the sales demand generated from the project Project Weak Demand Moderate Demand Strong Demand Pront(Loss) Profit (Loss) Profit(Loss) $ $ (7.000) 10,000 70,000 5.000 12.000 25.000 Probability 0.5 0.4 0.1 What is the net value of obtaining perfect market research information if the co cost of obialning the information is $4.000
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