In Problem 8.14 it turns out that the project manager overestimated the project NPV, and the best
Question:
In Problem 8.14 it turns out that the project manager overestimated the project NPV, and the best estimate is that now $\mathrm{NPV}=\$ 2,444$ with a standard deviation of $\$ 1,500$. What is the probability that NPV could be 0 or less?
Data from problem 8.14
A project has an NPV of $\$ 3,444$ and a standard deviation of $\$ 1,780$. What is the probability that NPV could be 0 or less?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: