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: Economic Scenario Probability of Outcome Recession 0.05 0.20 0.50 0.20 Boom 0.05 Calculate the project's expected NPV, standard deviation, and coefficient of variation. Enter your answers for the project's expected NPV 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. Below average Average Above average E(NPV): ONPV: CV: million million NPV ($82 million) (28 million) 12 million 18 million 38 million

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 realize that conditions could be bette or worse, so she performed a scenario analysis and obtained these resuts: Caiculate the project's expected NPV, standard deviation, and coefficient of vanation. Enter your answers for the project's expected NPV and stancard deviation in millions. For example, an answer of $13,000,000 should be entered as 13. Do not round intermediate calculations. Round your ansaers to tho decimal places. \begin{tabular}{l|l} F(NPV): & \begin{tabular}{l} milion \\ Oner: \\ CV \end{tabular} \end{tabular}