Please answer problem 15.1 with details on how to get to answer

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Monte Carlo simulation. b. What are its strengths and weaknesses 15.5 a How is project risk incorporated into a incorporated into a capital budgeting anli that two mutually exclusive peojects are on the basi of cath costs How wou d bcingevaued applied in this situation project cost of capital? financial standpoint, what is the optimal capital budget under 15.6 What is the difference between the 15.7 What is meant by the term capital rationing From a parely 15.8 Santa Roberta Clinic has estimated its corporate cost of capital to 15.9 Under what conditions should a business estimate divisional cons of 15.10 Describe the qualitative approach to risk asesment. Why does this corporate cost of capital and a capital rationing be 11 percent. What are reasonable values for the project costs of capital for low-risk, average-risk, and high-risk projects capital? approach, which does not rely on numcrical data, work Problems 15.1 The managers of Merton Medical Clinic are analyzing a proposed project. The project's most likcly NPV is $120,000, but as evidenced by the following NPV distribution, there is considerable risk involved Probability NPV ($700,000) 0.05 0.20 0.50 (250,000) 0.20 0.05 120,000 200,000 300,000 a. What: are the project's expected NPV and standard deviation of NPV? b. Should the base case analysis use the most likely NPV or the expected NPV? Explain your answer 15.2 Heywood Diagnostic Enterprises is evaluating a project with the following net cash flows and probabilitics (Prob.)