Question: Question 3 Using Excel, re-create the Monte Carlo simulation shown in this week's slides. Note the instructions on how to do this on Slide

Question 3 Using Excel, re-create the Monte Carlo simulation shown in this

Question 3 Using Excel, re-create the Monte Carlo simulation shown in this week's slides. Note the instructions on how to do this on Slide 51 and the example we did in class. Imagine that you have the following payoff function. P(X,Y,Z)=3.2 |XY| -2.6Z where X, Y, and Z are all normally distributed random variables X~N(2, 1.7), Y~N(3.2, 0.5), and Z~N(1.83, 1.12) You should be able to generate a similar histogram to what is shown on slide 49. Note: To receive full points, show the steps and final graph in pdf and attach the Excel file or other source code as the supplemental material.

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