Question $9$

$1$ pts

A firm has the NPV of a project based on three possible economic conditions and their probabilities given below. The expected NPV is $$45\mathrm{.}7$ million. What is the standard deviation for the project's NPV$?$

$\backslash$table$[[$Economic condition,Probability of outcome,NPV $($$ million$)],[$Recession$,\mathrm{.}30,22],[$Boom$,\mathrm{.}20,88],[$No change,$\mathrm{.}50,43]]$

$21\mathrm{.}18$

$24\mathrm{.}63$

$23\mathrm{.}02$

$21\mathrm{.}64$

$24\mathrm{.}86$