Question: A project's base case or most likely NPV is $50,000, and assume its probability of occurrence is 60%. Assume the best case scenario NPV is
A project's base case or most likely NPV is $50,000, and assume its probability of
occurrence is 60%. Assume the best case scenario NPV is 60% higher than the
base case and assume the worst scenario NPV is 30% 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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