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you are planning to produce a new action figure called nia. however you are very uncertain about the demand for the product. if it is

you are planning to produce a new action figure called "nia." however you are very uncertain about the demand for the product. if it is a hit, you will have net cash flows of 72 million per year for three years (starting next year. if it fails, you will only have net cash flows of 32 million per year for two years (also starting next year). there is an equal chance that it will be a hit or failure (probaility = 50 percent). you will not know whether it is a hit or a failure until the first year's cash flows are in

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