Question: What is the probability that the project will yield a return greater than the 2 0 percent hurdle rate? Year Pessimistic Most Likely Optimistic 1

What is the probability that the project will yield a return greater than the 20 percent hurdle rate?
Year Pessimistic Most Likely Optimistic
1 $14,000 $20,000 $22,000
219,00025,00030,000
327,00030,00036,000
432,00035,00039,000

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