urns from a project are normally distributed with a mean of OMR 225,000 and a standard deviation of OMR 160,000. If the project loses more than OMR 75,000 the company will be made insolvent. (a) What is the probability of staying in busine

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter11: Capital Budgeting And Risk
Section: Chapter Questions
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The returns from a project are normally distributed with a mean of OMR 225,000 and a standard deviation of OMR 160,000. If the project loses more than OMR 75,000 the company will be made insolvent. (a) What is the probability of staying in business?
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