14-1 Everything is the same except that probability of Above normal is 0.3 and Normal is 0.5.
14-2 Everything is the same except that probability of Low response is 0.1, Moderate response is 0.3, High response is 0.4, and Very high response is 0.2.
14-3 Everything is the same except that Expected Net Present Value of A is $8,000, B is $60,000, C is 25,000, D is 30,000, and E is 23,000.
14-6 Everything is the same except that the cost of capital is 12%, and Project F’s and Project G’s cash flow is $9,000 not $8,000.