Concan is considering a new project. It has an 80% chance of development success. If it succeeds there is a 30% chance of high demand that delivers an outcome of E300,000, a 40% chance of medium demand that delivers E200,000 and a 30% chance of low demand that has an outcome of zero. If the development fails Concan will lose E150,000. What is the expected value of the project? A E20,000 B E140,000 200,000 D E170,000