8. Mohammed corp. expects to earn $600,000 if the economy is good and only $200,000 if the economy is bad. Mohammed estimates a 65% probability of a good economy and a 35% probability of a bad economy. The NPV of the project with a discount rate of 15%? Can Mohammed accept the project?

a. NPV $0, yes Mohammed should accept the projects

b. NPV $0, No Mohammed Should reject the project

c. NPV $ 10,000, No Mohammed Should Accept the project

d. NPV$10,000, Yes Mohammed Should Accept the project