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A project has a life of 10 years and no salvage value. Your firm uses an MARR of 8% to evaluate projects. The project has

A project has a life of 10 years and no salvage value. Your firm uses an MARR of 8% to evaluate projects. The project has uncertain costs and revenue as shown in the table below:

Initial Cost Probability Net Revenue Probability
$140,000 0.25 $30,000 0.15
$220,000 0.60 $43,000 0.55
$330,000 0.15 $52,000 0.30

Determine the risk for the project expressed as the standard deviation of the expected value of the EUAW. Express your answer in $ to the nearest $100.

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