With a project facing a risky future, its managers have identified four (4) possible initial costs for the project: $8M (million), $10M, $16M and $20M.

If the 50th Monte Carlo simulation (trial) of project variables associates a random number of 0.551245 with the initial cost, the calculation of the project's net present worth (NPW) would be based on an initial cost of

	$16 million
	$10 million
	$20 million
	$8 million