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The answer is not 61,141.39 Font Paragraph Question 21 0/6 pts At stage 2 (1 year from now) of the decision tree, it shows that
The answer is not 61,141.39
Font Paragraph Question 21 0/6 pts At stage 2 (1 year from now) of the decision tree, it shows that if a projectis successful, the payoff will be $51 323 with a 55% chance of occurrence. If unsuccessful, the payoff is $21000. The cost of getting to stage 2 is $44813. The cost of capital is 15%. What is the NPV of the project at stage 1 (year 0)? (Round answer to O decimal places, round intermediate calculations to 5 decimal places) 61141.3900 Question 22 0/6 ptsStep by Step Solution
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