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FE: Suppose that an investor is considering a project that will last 4 years and, if successful, the investor will make $10 million at EOY

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FE: Suppose that an investor is considering a project that will last 4 years and, if successful, the investor will make $10 million at EOY 4. However, it is highly risky and the investor has a MARR of 30%. The project's risks of failure in each year are summarized in the table below. What is the most the investor would be willing to put into this project? Year - Risk of Failure 50% 40% 40% 10% 3 de O $567,207 $1,620,000 $2,544,620 $3,090,000

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