A company made a scenario analysis to assess foreign direct investment for a client. They consider a currency appreciation and currency depreciation equally likely. The probability of a reduced salvage value is 31%. The result of the scenario analysis Scenario --> NPV in scenario currency depreciates and salvage value is not reduced --> NPV= 100,000 currency appreciates and salvage value is not reduced --> NPV= 150,000 currency depreciates and salvage value is reduced --> NPV= -80,000 currency appreciates and salvage value is reduced --> NPV = -20,000

What is the expected net present value of the FDI?