Based on an expected value of $39240, calculated in Excel (shown below), Mr. Jaeger should harvest later. The expected value of harvesting now is $34200. The expected value for harvesting later is significantly higher so harvesting later is the best decision. Price Y Sales Harvest NOW 2.85 12000 34200 Probabilit | Pric Quantit Expected Option V e V Sales Value Harvest 2400 Later Rain A 30.0% 2 12000 7200 6720 2064 20.0% 8400 13440 No 4200 Rain C 20.06 35 12000 0 8400 3600 20.0% 12000 7200 3000 1860 3924 E 10 0% 2.5 12000 3000 0