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Consider the following equally likely project outcomes: Pessimistic prediction $500 Expected outcome $500 Profit X Y $0 $500 Optimistic prediction $1000 $500 Select one:

 

Consider the following equally likely project outcomes: Pessimistic prediction $500 Expected outcome $500 Profit X Y $0 $500 Optimistic prediction $1000 $500 Select one: O a. Project X has more uncertainty than Project Y O b. Since Projects X and Y have the same expected outcomes of $500, investors will view them as identical in value O c. Project X has less uncertainty than Project Y O d. X and Y have the same level of uncertainty

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