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Project ALFA needs an investment of 10 million. It has a 60% chance of positive return, amounting to 110% profits, and a 40% chance of
Project ALFA needs an investment of 10 million. It has a 60% chance of positive return, amounting to 110% profits, and a 40% chance of negative return amounting to loss of all the money invested. Project BETA needs an investment of 10 million, has a 4096 chance of positive return amounting to 120% profits and a 60% chance of loss of all investment. Which project would you select? O A. Project A because Expected Monetary Value is least negative. B. Project B because Expected Monetary Value is least negative. C. Project A because Expected Monetary Value is more positive. OD. Project B because Expected Monetary Value is more positive
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