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(NOTE: ENTER YOUR ANSWER WITHOUT THE $ AND COMMA, ROUNDED TO THE NEAREST DOLLAR for instance as 10023, not as $10,022.78. Insert the negative sign

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(NOTE: ENTER YOUR ANSWER WITHOUT THE $ AND COMMA, ROUNDED TO THE NEAREST DOLLAR for instance as 10023, not as $10,022.78. Insert the negative sign in front of your answer if it is negative. Do not round intermediate calculations!) Supersmart Consulting PPL is evaluating a client's proposed project. The project's initial investment is $41,000, and the project is expected to last for 2 years. Two scenarios were identified for each year of the project, an optimistic one and a pessimistic one. The probability that the project will go well in year 1 is 60%. If this is the case the project will bring $41,000 in year 1, and there would then be a 79% probability it will bring $61,000 in year 2, and a 21% probability it will bring $21,000 in year 2. The probability that the project will go poorly in year 1 is 40%. If this is the case the project will bring $12,000 in year 1, and there would then be a 14% probability it will bring $52,000 in year 2, and a 86% probability it will bring $22,000 in year 2. Assuming 7% cost of capital, compute the expected net present worth of the project. Answer: (NOTE: ENTER YOUR ANSWER WITHOUT THE $ AND COMMA ROUNDED TO THE NEAREST DOLLAR for instance as 10023, not as $10,022.78. Make sure you include negative sign in front of your answer is the

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