has a life of 10 years and no salvage value. The interest rate of 12% to evaluate projects The project has an uncertain first condado What is the joint probability and distribution for first costs and netre Joint Probability Level of Optomis P 0.3 0.3 0.2 0.5 0.3 0.2 03 First Cost P $300,000 $400,000 $600,000 $300,000 $400,000 $600,000 $300,000 $400,000 $600,000 e t Revenue 70,000 70.000 70.000 90,000 90,000 90,000 100,000 0.2 100.000 0.2 100,000 0.2 0.5 0.3 0.2 0.5 0.3 b) Identify the most optomistic,most likely, and most pessimistic scenario. c) What is the present worth for each scenario identified in b? Optomistic PW: Likely PW: has a life of 10 years and no salvage value. The interest rate of 12% to evaluate projects The project has an uncertain first condado What is the joint probability and distribution for first costs and netre Joint Probability Level of Optomis P 0.3 0.3 0.2 0.5 0.3 0.2 03 First Cost P $300,000 $400,000 $600,000 $300,000 $400,000 $600,000 $300,000 $400,000 $600,000 e t Revenue 70,000 70.000 70.000 90,000 90,000 90,000 100,000 0.2 100.000 0.2 100,000 0.2 0.5 0.3 0.2 0.5 0.3 b) Identify the most optomistic,most likely, and most pessimistic scenario. c) What is the present worth for each scenario identified in b? Optomistic PW: Likely PW