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Risk analysis Green Energy is considering expanding its investment in renewable energy generation. Two possible types, wind and solar, of energy generation are under

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Risk analysis Green Energy is considering expanding its investment in renewable energy generation. Two possible types, wind and solar, of energy generation are under review After investigating the possible outcomes, the company made the estimates shown in the following table: The pessimistic and optimistic outcomes occur with a probability of 25%, and the most likely outcome occurs with a probability of 50% Determine the range of the rates of return for each of the two projects. b. Which project is less risky? c. If you were making the investment decision, which one would you choose? What does this imply about your feelings toward risk? d. Assume that solar farm's most likely outcome is 21% per year and that all other facts remain the same. Does this change your answer to parte? g ess risky? the inves ur farm's mo Data table me rate of retu (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) - X Initial investment Annual rate of return Pessimistic Most likely Optimistic Wind Farm Amount Solar Farm $120 million Amount $120 million 4% -6% 20% 20% 36% 46% Print Done er to part c?

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