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A four-year ? nancial project has estimates of net cash ? ows shown in the following table: Year Pessimistic Most Likely Optimistic 1 $14,000 $20,000 $22,000 2 19,000 25,000 30,000 3 27,000 30,000 36,000 4 32,000 35,000 39,000

Given the table, assume that the cash how estimates for each year are best represented by a triangular distribution and that the hurdle rate is 20 percent.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91671765

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