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ACME Company is considering a project with the following possible scenarios: Calculate the project's expected NPV. (in millions) Economic Scenario Probability of Outcome NPV Recession

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ACME Company is considering a project with the following possible scenarios: Calculate the project's expected NPV. (in millions) Economic Scenario Probability of Outcome NPV Recession .10 -50 million Below average .15 - 15 million Average 4 10 million Above average .25 25 million Boom .1 60 million 07 5 8 09 06

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