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13. Assume you have calculated the NPV of a project your firm is considering. You decide to do some simulation analysis. One of your inputs
13. Assume you have calculated the NPV of a project your firm is considering. You decide to do some simulation analysis. One of your inputs is the growth in sales over the life of the project. You decide to use a normal distribution with a mean of 4% and a standard deviation of 1%. In what range would the projected sales growth fall for 99% of your iterations?
A. 0% - 8%
B. 1% - 7%
C. 2% - 6%
D. 3% - 5%
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