Question
A project has an expected net present value of $50,000 with a standard deviation of the net present value of $20,000. Assume that NPV is
A project has an expected net present value of $50,000 with a standard deviation of the net present value of $20,000. Assume that NPV is normally distributed. What is the probability that the project will have a negative NPV? PLEASE SHOW STEP BY STEP CALCULATIONS
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Finance Markets Investments And Financial Management
Authors: Daisy Scott
1st Edition
1639892001, 9781639892006
