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Which one of the following statements is NOT correct? Question 4 options: a. Monte Carlo simulation considers diversification. b. Monte Carlo simulation reflects the probability
Which one of the following statements is NOT correct?
Question 4 options:
a. Monte Carlo simulation considers diversification.
b. Monte Carlo simulation reflects the probability distributions of inputs.
c. Monte Carlo simulation shows a range of possible NPVs.
d. Using Monte Carlo simulation, average of the trials' NPVs is interpreted as a measure of the project's expected NPV.
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