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Please Help. A probabilistic approach using Monte Carlo Simulation. Complete 10 iterations and create cumulative probability curves for N P V and I R R.
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A probabilistic approach using Monte Carlo Simulation. Complete 10 iterations and create cumulative probability curves for N P V and I R R. The project life is 7 years and the M A R R is 15%. The initial investment is given by a uniform distribution between $200, 000 and $300, 000. The annual profit is given by a triangular distribution that has a minimum value of $55, 000/year, a mode of $67, 500/year, and a maximum value of $85, 000/year. The salvage value of the investment is given by a triangular distribution that has a minimum value of $60, 000, a mode of $75, 000, and a maximum value of $85, 000. The cash flow diagram would beStep by Step Solution
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