For the Hyde Park Surgery Center scenario described in Problem 19 in Chapter 9, suppose that the

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For the Hyde Park Surgery Center scenario described in Problem 19 in Chapter 9, suppose that the following assumptions are made: The number of patients served the first year is uniform between 1,300 and 1,700; the growth rate for subsequent years is triangular with parameters (5%, 8%, 9%), and the growth rate for year 2 is independent of the growth rate for year 3; average billing is normal with a mean of $150,000 and a standard deviation of $10,000; and the annual increase in fixed costs is uniform between 5% and 7%, and independent of other years. Find the distribution of the NPV of profit over the three-year horizon and analyze the sensitivity and trend charts. Summarize your conclusions. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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