New information has come available in which a competitor may enter the market. You believe that there is a 30% chance the competitor will enter the market. If the competitor enters, your cost will not change, but your expected cash flows will be $40,000 in each of the next six years. Compute the NPV with the competitor AND THEN compute the expected NPV given the two possible scenarios. You will need to your answer from the previous question. Record the expected NPV of the project.

probability of earning this contract is (50)%. a. ACTION - COMPUTE THE VALUE OF THIS PROJECT GIVEN THE OPTION TO EXPAND (EARN THE CONTRACT). probability of earning this contract is (50)%. a. ACTION - COMPUTE THE VALUE OF THIS PROJECT GIVEN THE OPTION TO EXPAND (EARN THE CONTRACT)