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Use simulation to analyze the Sound's Alive problem. Based on your results, what is the expected net profit for the years 2004 through 2007, and what is the expected NPV for this business venture?

The Board of Trustees told Marissa that the stockholders would feel comfort­able with this business venture if its NPV is at least $5 million. What are the chances that Sound's Alive home theater venture will result in an NPV of $5 million or more?

Financial Management, Finance

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