only $$2$ million per year if it is unsuccessful. You believe that the probability of success is about $80$ percent. The auto plant is expected to have a life of $12$

years and the opportunity cost of capital is $10$ percent.

What is the expected net present value of building the plant?

Please state your answer in millions and in $2$ decimal places.

Correct response: $118\mathrm{.}51+-0\mathrm{.}02$ million

the plant?

Please state your answer in millions and in $2$ decimal places.

million

Section Attempt $1$ of $1$