Which of the following statements are correct? 1 Maximising market share is an example of
A. 1 and 2 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3
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An investment project has a cost of $12,000, payable at the start of the first year of operation. The possible future cash flows arising from the investment project have the following present values and associated probabilities:
What is the expected value of the net present value of the investment project?
A. $11,850
B. $28,700
C. $11,100
D. $76,300