You are looking to assess the income for a project, and in the best case (optimistic) you expect and income of $7.37k, likely you'll see an income of $2.44k and at worst you will see no income. If you were looking to put this income figure into a risk mitigated economic assessment, what number would you enter based on what was taught in the class? Enter this answer below in "k" dollars, i.e. $7.37k would be entered as 7.37 correct to 2 decimal places.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter11: Capital Budgeting And Risk
Section: Chapter Questions
Problem 12P
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You are looking to assess the income for a project, and in the best case (optimistic)
you expect and income of $7.37k, likely you'll see an income of $2.44k and at worst
you will see no income.
If you were looking to put this income figure into a risk mitigated economic
assessment, what number would you enter based on what was taught in the class?
Enter this answer below in "k" dollars, i.e. $7.37k would be entered as 7.37 correct
to 2 decimal places.
Transcribed Image Text:You are looking to assess the income for a project, and in the best case (optimistic) you expect and income of $7.37k, likely you'll see an income of $2.44k and at worst you will see no income. If you were looking to put this income figure into a risk mitigated economic assessment, what number would you enter based on what was taught in the class? Enter this answer below in "k" dollars, i.e. $7.37k would be entered as 7.37 correct to 2 decimal places.
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