Question: Find the expected rate of return using the three estimates provided in the table below for a project. Data Pessimistic Most Likely Optimistic First Cost,
Find the expected rate of return using the three estimates provided in the table below for a project.
| Data | Pessimistic | Most Likely | Optimistic |
| First Cost, $ | 1,052 | 1,000 | 1000 |
| Benefits / Year | 190 | 198 | 200 |
| Life , Years | 9 | 12 | 12 |
| Salvage Value | 0 | 0 | 100 |
| A. | 11.93% | |
| B. | 16.33% | |
| C. | 13.17% | |
| D. | 14.20% |
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