Please assist A and B

(Calculating the expected NPV of a project) Manegement at the Physicians' Bone and Joint (PB&J) Clinic is considering whether to purchase a newly developed MRI machine that the manufacturer tells them will provide the basis for beter diagnoses of foot and ree pro rni Thu new rnachre i quil cxperis w, bu sticuld las 0nun be o yoors he clinx;'s CFO asked ari lys to work up es rna us h NPV o he nvestr m under his ; d ' en assump ons about the U U U du nand UI lts use, high medium, and lo carry oit the analyss, the CFO sssigned a54 percent probsblity to the medium-demand state, a 31 percent probability to the high-demand siate, and the remaining 1a percent to the low-demand state Aher torecasting the demand tor the machirie based cr the CFO's judgmenl arnd past ullizalion rles o MRI scans, the analyst made hg Tollowig NPV estmales a. Whet is the expected NPV for the MRI mechine based on the above estimates? How would you interpret the meaning of the expected NPV Does this look like a good investment to you? b. Assurning that the protebility of the medium-dernand state remains 54 percent, calculale the maximum prcbabily you can assign to the low-denand state and still have an expected NPV of0 or higher. (ind The sum of the probabilities assgried to al three states mut be 100 percent) a. The expeced NPV tar the MRI machine is sRound to tne nearest dolar) i Data Table Demand State Probablity of State Low Mediurn High 15% 54% 31% NPV Estimate S(310,000 196,000 S397,000 Print Done Enter your answer in the answer box and then click Check Answer. 2 Peamtainino Clear A Check