$($Scenario Analysis$)$

Shao Industries is considering a proposed project for its capital budget. The company

estimates the project's NPV is $$12$ million. This estimate assumes that the economy and

market conditions will be average over the next few years. The company's CFO, however;

forecasts there is only a $50\%$ chance that the economy will be average. Recognizing this

uncertainty, she has also performed the following scenario analysis:

What is the project's expected NPV$,$ its standard deviation, and its coefficient of variation?