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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