Question: 16. A project's base case or most likely NPV is $65,000, and assume its probability of occurrence is 60%. Assume the best case scenario NPV

16. A project's base case or most likely NPV is $65,000, and assume its probability of occurrence is 60%. Assume the best case scenario NPV is 50% higher than the base case and assume the worst case scenario NPV is 25% lower than the base case. Both the best case scenario and the worst case scenario have a 20% probability of occurrence. Find the project's coefficient of variation.

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