. There is a 50% chance the market will be strong and the expected cash flows will be $43,500 a year for four years. There is a 50% chance the market will be weak and the expected cash flows will be $23,500 a year for four years. . The project's initial cost will remain $100,000, but it will be incurred at t = 1 only if it makes sense at that time to proceed with the project. Should the company go ahead with the project today or wait for more information?