A new products chief uncertainty is its annual net revenue, Ask an Expert

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A new product's chief uncertainty is its annual net revenue. So far, $35,000 has been spent on development, but an additional $30,000 is required to finish development. The firm's interest rate is 10%.

(a) What is the expected PW for deciding whether to proceed?

(b) Find the P(loss) and the standard deviation for proceeding.

1166_standard deviation for proceeding.png

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92638001

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