What is the expected monetary value of this risk

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Reference no: EM13904848

A negative risk has a 30% probability of occurring. If it does take place, it'll result in an extra $20,000 cost to the project. What is the expected monetary value of this risk?

a. $7,500

b. $26,000

c. $6,000

d. $14,000

Reference no: EM13904848

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