The Following Information Was Given Regarding a Proposed Project at Field

question 8

Multiple Choice

The following information was given regarding a proposed project at Field Corp. (FC) .
$\begin{array}{|c|r|}\hline \text { Probability (S) } & \text { Poticutial Profir (S) } \\\hline 40\% & \$ 10,000 \\\hline 25\% & \$ 15,000 \\\hline 50\% & (\$ 20,000) \\\hline 30\%& \$ 5,000 \\\hline\end{array}$
-This project's expected profit is ________.

• A) $5,000
• B) $5,499
• C) $8,250
• D) $12,890

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Definitions:

Duress

A situation where a person is forced or coerced into acting against their will through threats, pressure, or intimidation.

Objective Intent

refers to the outward manifestation of a party's intention as it appears to others, used in legal contexts to determine contractual obligations.

Subjective Intent

An individual's personal, internal intentions or motivations, as opposed to how their actions might be viewed by others.

Represented

The act of having someone speak, act, or make decisions on behalf of another person or entity.