A random variable is defined as the result Spanish English one or more opportunity processes. Imagine that you are forecasting the cash flows associated with a new business venture. List some of the things that come together to produce cash flows in future periods. Describe how they could be considered as results of opportunity processes and, therefore, random variables. The cash flow forecasts for a project are grouped using equations (10-1) and (10-2) to calculate the NPV and IRR of the project. That makes the NPV and IRR random variables as well. Is their variability likely to be greater or less than the variability of the individual cash flows that compose them? Why is it desirable to build capital budgeting rules so that higher risk projects are less acceptable than lower risk projects? Instructions: Prepare a summary and conclusions of this situation. A random variable is defined as the result Spanish English one or more opportunity processes. Imagine that you are forecasting the cash flows associated with a new business venture. List some of the things that come together to produce cash flows in future periods. Describe how they could be considered as results of opportunity processes and, therefore, random variables. The cash flow forecasts for a project are grouped using equations (10-1) and (10-2) to calculate the NPV and IRR of the project. That makes the NPV and IRR random variables as well. Is their variability likely to be greater or less than the variability of the individual cash flows that compose them? Why is it desirable to build capital budgeting rules so that higher risk projects are less acceptable than lower risk projects? Instructions: Prepare a summary and conclusions of this situation