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

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

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