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The best definition of simulation analysis is: Multiple Choice Investigation of what happens to NPV when only one variable is changed. The possibility that errors
The best definition of simulation analysis is:
Multiple Choice
Investigation of what happens to NPV when only one variable
is changed.
The possibility that errors in projected cash flows lead to
incorrect decisions.
The determination of what happens to NPV estimates when we
ask whatif questions.
A combination of scenario and sensitivity analyses.
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Risk Management And Financial Institutions
Authors: John Hull
1st Edition
0132397900, 9780132397902
