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fHuang Industries is considering a proposed project whose estimated NPV is $ 1 2 million. This estimate assumes that economic conditions will be average. However,

fHuang Industries is considering a proposed project whose estimated NPV is $12 million. This estimate assumes that economic conditions will be "average." However, the CFO realizes that conditions could be better or worse, so she performed a scenario analysis and obtained these results:
Economic Scenario Probability of Outcome NPV
Recession 0.05($80 million)
Below average 0.20(24 million)
Average 0.5012 million
Above average 0.2020 million
Boom 0.0526 million
Calculate the project's expected NPV, standard deviation, and coefficient of variation. Round your answers to two decimal places. Enter your answers for the project's expected NPV and standard deviation in millions. For example, an answer of $13,000,000 should be entered as 13.
E(NPV)= $ million
\sigma NPV = $ million
CV =

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