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The net present value of a project is normally distributed with an expected value of $222,500 and a standard deviation of $97,580. Determine the probability

The net present value of a project is normally distributed with an expected value of $222,500 and a standard deviation of $97,580. Determine the probability that the project will have a net present value of less than zero. (Use the Z-table which is provided at the back of the textbook.)

Question 11 options:

3.43%

2.28%

11.30%

1.13%

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