[L.0.2] (30 Marks) Assignment questions: Answer the following questions a. Compute the expected profit for the next project: Xi Pi Xi*Pi 1 30000$ 100% b. Compute the expected profit for the next project: i Xi -500 OR 75% Pi 1 2 200 OR 25% c. You have the following information about tow projects: T and L Project T: Xi Pi 1 800 $ 45% 2 200 $ 25% 3 -425 $ 30% Project L: Xi Pi 1 950 $ 48% 2 -145 $ 45% 3 290 $ 7% You should: 1. Compute the expected return for each project. 2. Which project you will choose? d. Compute the expected profit for the next project: Xi i Pi 1 1225 OR 30% 2 200 OR 15% 3 -75 OR 9% 4 -759 OR 14 % 5 900 OR 32%