There is a 20% probability that the NPV of a project will be $20 million,a 50% probability that it will be sold for $45 million and a 30% probability that it will be for $15 million.What is the expected NPV of the project?
A)$17.5 million
B)$45 million
C)$31 million
D)$26.67 million

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The Answer of There is a 20% probability that the NPV of a project will be $20 million,a 50% probability that it will be sold for $45 million and a 30% probability that it will be for $15 million.What is the expected NPV of the project?
A)$17.5 million
B)$45 million
C)$31 million
D)$26.67 million

There Is a 20% Probability That the NPV of a Project