The Monte Carlo simulation:

A. can be useful for estimating a project's market risk.

B. gives the exact outcome that can be expected from a project.

C. calculates NPV for a change in one key variable.

D. uses probability distributions for variables as input data to estimate the project's net present value (NPV).

E. produces both an expected NPV (or IRR) and a measure of the riskiness of the NPV or IRR for different scenarios.