Multiple Choice
A project has an expected NPV of $50,000 with a standard deviation of the NPV of $20,000. Assume that NPV is normally distributed. What is the probability that the project will have a net present value greater than $60,000?
A) 1915%
B) 69.15%
C) 0.13%
D) 30.85%
Correct Answer:

Verified
Correct Answer:
Verified
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