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Huang Industries is considering a proposed project whose estimated NPV is $12 million. This estimate assumes that economic conditions will be average. However, the CFO

Huang Industries is considering a proposed project whose estimated NPV is $12 million. This estimate assumes that economic conditions will be "average." However, the CFO realizes that conditions could be better or worse, so she performed a scenario analysis and obtained these results:

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eBook Huang Industries is considering a proposed project whose estimated NM.Ir is $12 million. This estimate assumes that economic conditions will be "average." However, the CFO realizes that conditions could be better or worse, so she performed a scenario analysis and obtained these results: Economic Scenario Probability of Outcome NPV Recession 0.05 {$86 million) BelolI.I average 0.20 (10 million) Average 0.50 12 million Above average 0.20 16 million Boom 0.05 40 million Calculate the project's expected NW, standard deviation, and coefcient of variation. Enter your answers for the project's expected NP'uIr and standard deviation in millions. For example, an answer of $13,000,000 should be entered as 13. Do not round intermediate calculations. Round your answers to two decimal places. E(NPV): million Gum: million CV

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