1. ang electronics, inc., has developed a new dvdr. if the dvdr is
1. Ang Electronics, Inc., has developed a new DVDR. If the DVDR is successful, the present value of the payoff (when the product is brought to market) is $22.1 million. If the DVDR fails, the present value of the payoff is $9.5 million. If the product goes directly to market, there is a 47 percent chance of success. Alternatively, Ang can delay the launch by […]