16. Youre managing a project to remodel a kitchen. You find out from your supplier that theres...
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16. You’re managing a project to remodel a kitchen. You find out from your supplier that there’s a 50% chance that the model of oven that you planned to use may be discontinued, and you’ll have to go with one that costs $650 more. What’s the EMV of that risk?
$650
–$650
$325
–$325
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