Video Business
A high school student,who started doing videos as a hobby,is considering going into the videography business.The anticipated payoff table is: 
The following prior probabilities are assigned to the states of nature: P(poor)= 0.4,P(fair)= 0.4,and P(super)= 0.2.
-{Video Business Narrative} Convert the payoff table to an opportunity loss table.
Definitions:
Present Value Factors
A multiplier used in calculating the present value of a future amount of money or cash flow, based on a specific discount rate over a certain period.
Cash Outlay
The actual amount of cash spent by a business or individual for a specific purpose, including expenses, investments, and acquisitions.
Present Value Index
An investment appraisal tool that compares the present value of net cash inflows generated by a project to the present value of cash outflows, indicating the profitability.
Net Cash Flow
The difference between a company’s cash inflows and outflows in a given period, indicating the company's ability to generate cash.
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