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Your company plans to invest in a particular project. You are to decide between investing in this project or investing in nothing. Based on your
Your company plans to invest in a particular project. You are to decide between investing in this project or investing in nothing. Based on your knowledge of the market, if you invest in the project, then there is a 35% chance that you will lose $30,000, a %40 chance that you will break even, and a 25% chance that you will make $55,000. What is the expected monetary value of investing in the project?
a -$1,046
b $0
c $2905
d $3250
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