Click here to read the eBook: Measuring Stand-Alone Risk SCENARIO ANALYSIS Huang Industries is considering a proposed project whose estimated NPV is $12 million. This estimate assumes that economic conditions will be "average." However the CFO realizes that conditions could be better or worse, so she performed a scenario analysis and obtained these results: Economic Scenario Probability of Outcome Recession Below average Average Above average Boom Calculate the project's expected NPV, standard deviation, and coefficient of variation. Round your answers to two decimal places. Enter your answers for the project's expected NPV and standard deviation in millions. For example, an answer of $13,000,000 should be entered as 13 E(NPV)4.1 million ONPV1.8 CV NPV 0.05 0.20 0.50 0.20 0.05 ($58 million) (18 million) 12 million 14 million 36 million million