A project will provide in 3 years either $12,000 with 20% probability, $22,000 with a 30% probability,
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A project will provide in 3 years either $12,000 with 20% probability, $22,000 with a 30% probability, $33,000 with a 40% probability, and $57,000 with a 10% probability. Given a 7% discount rate, what is its expected PV? Please show in excel.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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