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P16-3 (similar to) Question Help Benefits of borrowing Wilson Motors is looking to expand its operations by adding a second manufacturing location is successful, the

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P16-3 (similar to) Question Help Benefits of borrowing Wilson Motors is looking to expand its operations by adding a second manufacturing location is successful, the company will make $460,000. Il fails, the company will lose $250,000 Wilson Motors is trying to decide whether it should borrow the $250,000 given the current bank loan rate of 13%. Should Wilson Motors borrow the money if a. the probability of success is 89%? b. the probability of success is 82%? c. the probability of success is 69%? a. What is the expected profit (or loss) of the project if the the probability of success is 89%? (Round to the nearest doar Enter a negative number for a lon)

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