You are considering three mutually exclusive projects with the following Projected Cash Flows Probabilities Project A Project B Project C uired $100,000 $30,000 $40,000 $50,000 $150,000 $40,000 $55,000 $67,000 $200,000 $50,000 $68,000 $70,000 1.00 0.35 ows for 5 years 0.45 0.20 a and variance of NPW distribution for each project using i ows are mutually independent. Which project has a higher probability of losing calculate probabilities for each alternative. (Hint: use normal approximation = 12%. Assume %3D

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