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The most likely outcomes for a particular project are estimated as follows: Unit price: $ 80 Variable cost: $ 60 Fixed cost: $ 460,000 Expected
The most likely outcomes for a particular project are estimated as follows: Unit price: $ 80 Variable cost: $ 60 Fixed cost: $ 460,000 Expected sales: 40,000 units per year However, you recognize that some of these estimates are subject to error. Suppose that each variable may turn out to be either 5% higher or 5% lower than the initial estimate. The project will last for 10 years and requires an initial
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