Question: How does a Monte Carlo simulation improve upon scenario analysis? By allowing for a larger number of variables to change at once. By providing a

 How does a Monte Carlo simulation improve upon scenario analysis? By

How does a Monte Carlo simulation improve upon scenario analysis? By allowing for a larger number of variables to change at once. By providing a more accurate internal rate of return for a project. By allowing for a larger number of iterations or scenarios. By always providing a more accurate assessment of a firm's liquidity risk

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