. Mohammed Bayyoud corp. expects to earn $600,000 if the economy is good and only $200,000 if the economy is bad. Mohammed estimates a 65% probability of a good economy and a 35% probability of a bad economy. The NPV of the project with a discount rate of 10%? Can Mohammed accept the project?

a. NPV $18,181.82, yes Mohammed should accept the projects

b. NPV $19,181.82, Yes Mohammed Should Accept the project

c. NPV $18,181.82, No Mohammed Should reject the project

d. NPV $19,181.82, No Mohammed Should Accept the project