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1) If cash flows of different years are perfectly uncorrelated, how is the standard deviation of NPV defined by the Hiller model? 2) if cash
1) If cash flows of different years are perfectly uncorrelated, how is the standard deviation of NPV defined by the Hiller model? 2) if cash flows of different years are perfectly correlated, how is the standard deviation of NPV defined by the Hiller model?
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