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competitors will res value? 11-5. Possible net present values and associated probabilities for a new invest. ment are as follows. What is the probability of

competitors will res value? 11-5. Possible net present values and associated probabilities for a new invest. ment are as follows. What is the probability of a positive net present value? 50 100 0 200 -100 -50 NPV Probability .10 20 20 30 10 .10

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