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Consider the following equally likely project outcomes: Profit Y JODO Pessimistic prediction JOD500 JOD 500 Expected outcome JOD500 JOD1000 Optimistic prediction JOD500 Select one: a.
Consider the following equally likely project outcomes: Profit Y JODO Pessimistic prediction JOD500 JOD 500 Expected outcome JOD500 JOD1000 Optimistic prediction JOD500 Select one: a. X and Y have the same level of uncertainty b. Project X has more uncertainty than Project Y c. Project X has less uncertainty than Project Y d. Since Projects X and Y have the same expected outcomes of $500, investors will view them as identical in value
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