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An investment project has expected annual net cash flows of $100,000 with a standard deviation of $50,000. The distribution of annual net cash flows is approximately normal.

a. Determine the probability that the annual net cash flows will be negative.

b. Determine the probability that the annual net cash flows will be less than $20,000.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M962137

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