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e Sign-On & Mail- mos on April 18% Bob the Builder entered into a contract of one-month duration to buld a barn for Nolan bisguaranteed

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e Sign-On & Mail- mos on April 18% Bob the Builder entered into a contract of one-month duration to buld a barn for Nolan bisguaranteed t project is completed Nolan created incentives for Bob to finish the barn as soon as he can without jeopardizing the structural integrity of the finished 2 weeks early and 10% if the project finished a week early The probability of finishing 2 weeks early is 30% and the probably receive a base fee of $5,000 for his services in addition to a bonu barn. Nolan offered to pay an additional 30% of of freshing a week eany is 60% What is the expected transaction price with variable considera ion estimated as the expected value? Mutiple Choice $4,750 $5,500 $5,750 $5,000

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