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eBook Huang Industries is considering a proposed project whose estimated NPV is $ 1 2 million. This estimate assumes that economic conditions will be average.

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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:
\table[[Economic Scenario,Probability of Outcome,NPV],[Recession,0.05,($78 million)],[Below average,0.20, million)],[Average,0.50,12 million],[Above average,0.20,24 million],[Boom,0.05,34 million]]
Calculate the project's expected NPV, standard deviation, and coefficient of variation. 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. Do not round intermediate calculations. Round your answers to two decimal places.
E(NPV): million
NPV million
CV :
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