= Homework: Chapter 16 Homework Question 7, P16-3 (similar to) Part 1 of 6 HW Score: 50%, 6 of 12 points O Points: 0 of 1 Save Benefits of borrowing. Wilson Motors is looking to expand its operations by adding a second manufacturing location. If it is successful, the company will make $410,000. If it fails, the company will lose $250,000. Wilson Motors is trying to decide whether it should borrow the $250,000 given the current bank loan rate of 12%. Should Wilson Motors borrow the money if a. the probability of success is 89%? b. the probability of success is 85%? c. the probability of success is 69%? a. What is the expected profit (or loss) of the project if the the probability of success is 89%? (Round to the nearest dollar. Enter a negative number for a loss.)