The Project Defined by the Following Decision Tree Has a Required

question 25

Multiple Choice

The project defined by the following decision tree has a required discount rate of 17 percent.

What is the Time 0 net present value of a successful test and investment?

• A)$21,565,903
• B)$26,997,143
• C)$32,288,788
• D)$16,997,143
• E)$42,997,143