The returns from a project are normally distributed with a mean of 220,000 and a standard deviation

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The returns from a project are normally distributed with a mean of £220,000 and a standard deviation of £160,000. If the project loses more than £80,000 the company will be made insolvent. What is the probability of insolvency?

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Corporate Financial Management

ISBN: 978-0273758839

5th edition

Authors: Glen Arnold

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Question Posted: Apr 07, 2016 10:46 AM

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The returns from a project are normally distributed with a mean of 220,000 and a standard deviation

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Corporate Financial Management

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