What is the expected monetary value of the project

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A project has a 40 percent chance of achieving a $ 17,000 profit and a 60 percent chance of achieving $20,000 loss what is the expected monetary value of the project?A project has a 65 percent chance of achieving $200,000 profit and a 35 percent chance of of a $100,000 loss what is the expected monetary value of the project?

Reference no: EM13812905

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