Determine what is the expected present value

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Question: A project will provide in 3 years either $8,000 with 20% probability, $13,000 with a 30% probability, $18,000 with a 40% probability, and $45,000 with a 10% probability. Given a 6% discount rate, what is its expected present value? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132059552

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