Magnolia Inns Parcel of Land Near Location A B $18 $12 Current purchase price Present value of future cash flows if hotel and airport are built at this location $31 $23 Present value of future sales price of parcel if the airport is not built at this location $6 $4 (Note: All values are in millions of dollars.) Considered Magnolia Inns problem statement and data table above. Complete payoff matrix (or payoff table) below. State of Nature: State of Nature: Airport is near location A. Airport is near location B. Buy Location A [ Select] 12 V Buy Location B [ Select ] 25 Buy Location A and B 21 [ Select ] Do Nothing [ Select] [ Select ] Magnolia Inns Parcel of Land Near Location A B $18 $12 Current purchase price Present value of future cash flows if hotel and airport are built at this location $31 $23 Present value of future sales price of parcel if the airport is not built at this location $4 (Note: All values are in millions of dollars.) Considered Magnolia Inns problem statement and data table above. Under the Maximax decision rule, the optimal decision is [Select ] v. The corresponding value for the optimal decision is [ Select ] Magnolia Inns Parcel of Land Near Location A B $18 $12 Current purchase price Present value of future cash flows if hotel and airport are built at this location $31 $23 Present value of future sales price of parcel if the airport is not built at this location $6 $4 (Note: All values are in millions of dollars.) Considered Magnolia Inns problem statement and data table above. Under the Maximin decision rule, the optimal decision is [Select ] v. The corresponding value for the optimal decision is [ Select ] Magnolia Inns Parcel of Land Near Location B $18 $12 Current purchase price Present value of future cash flows if hotel and airport are built at this location $31 $23 Present value of future sales price of parcel if the airport is not built at this location $6 $4 (Note: All values are in millions of dollars.) Considered Magnolia Inns problem statement and data table above. Complete regret matrix (or regret table) below. State of Nature: State of Nature: Airport is near location A. Airport is near location B. Buy Location [Select] 25 Buy Location 31 [ Select] B Buy Location [Select] [ Select] A and B Do [ Select ] [ Select ]