A franchise restaurant chain is considering a new store in


A franchise restaurant chain is considering a new store in an unserved part of town. Its finance group estimates NPV of $10 million if the population growth is 10% (40% probability) an NOV of $4million if the population does not grow (30% probability) and an NPV of-$4million if the population shrinks 5% (30% probability). What is the expected value of NPV (to the nearest dollar) for the following situation?

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Business Economics: A franchise restaurant chain is considering a new store in
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