Chapter 13:

Show all calculations for parts I, II and III of Figure 13.2.

Part I
Outcome	Prob.	0	1	2	3	4	NPV
Best	25%	($1,000)	$400	$600	$800	$1,300	$1,348.47
Base	50%	($1,000)	$200	$400	$500	$600	$297.86
Worst	25%	($1,000)	($280)	($280)	($280)	($280)	($1,887.56)
WACC	10%
Expected NPV	$14.16
Std. Dev.	1178.76143
Std. Dev.	$1,178.76
Part II
CV	83.2524127
Outcome	Prob.	0	1	2	3	4	NPV
Best	25%	($1,000)	$400	$600	$800	$1,300	$1,348.47
Base	50%	($1,000)	$200	$400	$500	$600	$297.86
Worst	25%	($1,000)	($280)	$200	$0	$0	($1,089.26)
Expected NPV	$213.74
Std. Dev.	865.963655
Std. Dev.	$865.96
CV	4.05155158
Part III
Option Value	$199.58