Honhai Display is considering a proposed project for its capital budget. The company estimates that the projects NPV is $12 (million). This estimate assumes that the economy and market conditions will be average over the next few years. The companys CFO, however, forecasts that there is only a 50% chance that the economy will be average. Recognizing this uncertainty, she has also performed the following scenario analysis:

Economic Scenario Probability of Outcome NPV

Recession 0.05 -$70

Below average 0.20 -$25

Average 0.50 $12

Above average 0.20 $20

Boom 0.05 $30

Calculate the projects expected NPV, its standard deviation, and its coefficient of variation.