What is the expected NPV of the project with the option to expand if the probability of modest success is revised to 70% and great success to 30%?
A) $310,000
B) $155,000 (no change)
C) $213,000
D) $97,000
Answer: D
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A corporation's board of directors may influence dividend policies, but the company's senior management has sole authority to declare dividends
Indicate whether the statement is true or false
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