For what kinds of capital investment projects do you think Monte Carlo simulation would be most useful?
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For what kinds of capital investment projects do you think Monte Carlo simulation would be most useful? For example, can you think of some industries in which this technique would be particularly attractive? Would it be more useful for large-scale investments than small ones? Discuss.
Monte Carlo simulationMonte Carlo simulation is a technique used to understand the impact of risk and uncertainty in financial, project management, cost, and other forecasting models. A Monte Carlo simulator helps one visualize most or all of the potential outcomes to...
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Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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