Question: Rerun the new car simulation from Example 12.5, but now use the RISKSIMTABLE function appropriately to simulate discount rates of 7.5%, 10%, 12.5%, and 15%.
Rerun the new car simulation from Example 12.5, but now use the RISKSIMTABLE function appropriately to simulate discount rates of 7.5%, 10%, 12.5%, and 15%. Comment on how the outputs change as the discount rate decreases from the value we used, 15%.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
