p1 = 0.352 makes change indifferent with letting the project go or going ahead with it, it will be substituted until the EMV are the same for both letting it go or going as planned

b)	p1 = 0.352 makes change indifferent with letting the project go or going ahead with it, it will be substituted until the EMV are the same for both letting it go or going as planned

c	EMV with knowledge		=	$85,600
	EMV without knowledge		=	$4,500
	Benefit		=	$81,100


d	change decides to use exponential utility function
	When you change the R-value, it can be assumed and noticed that the risk tolerance value of $560,000,000 and higher change will continue
	entire worksheet
	prob in successful R&D	0.352
	prob winning contract with new tech	0.8
	winning contract with old tech	0.1

	Benefit from winning	$1,000,000
	Cost of R&D	$200,000
	cost of proposal(successful R&D)	$50,000
	cost of proposal( not successful R&D)	$40,000

	cost of production	$150,000
	Risk Tolerance	$570,000,000