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A project requires an investment of $5MM at time zero. Estimated profit for year 1 is $5MM with a success rate 50%. However, probability of

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A project requires an investment of $5MM at time zero. Estimated profit for year 1 is $5MM with a success rate 50%. However, probability of a project failure is 10%. There is 20% chance for the profit to double and 20% chance for the profit to halve due to the uncertainty in commodity prices. Would you recommend investment in such a project? A. Yes B. No C. Maybe D. None of above

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