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20:27 ' E M ' mil'EMI I {5} lFind... p X Suppose a proposed public policy could result in three possible outcomes: 1) value of net benefits of $4,000,000, 2) present value of net benefits of 51,0 3) present value of net benefits of -$10,000,000 (i.e., a loss). Suppose society is risk neutral and the probability of occurrence of each ofthese three outcomes are, 0.85, 0.10, and 0.05, should this policy be pursued or trashed? Why?l