Your company is evaluating two projects for consideration. Project A has a 40% probability of $69,000 US and a 60% probability of-$10,000 US. Project B has a 60% probability of $56,000 US and a 40% probability of-$15,000 US. Which of the projects would you select based on the greatest expected monetary value?
A. Project A
B. Project B
C. Project A and B are of even value
D. The expected monetary value is not high enough on either to make a selection
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