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You are on a game show where you must answer three questions. If you answer all three questions correctly, you win $1,000,000. There is a
You are on a game show where you must answer three questions. If you answer all three questions correctly, you win $1,000,000. There is a 90% chance you answer the first question correctly. There is a 50% chance you answer the second question correctly. There is a 1% chance you answer the third question correctly. What is the NPV of your appearance on the game show? O $0 $960,000 O $4,500 O $10,000
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