Smalls Electric Company is considering investing in new powe…
Smalls Electric Company is considering investing in new power-switching equipment. The net present worth and probabilities for three probable outcomes are : Outcome: A B C Net PW 5.3K 4.5K 8.6K Probability of outcome 0.50 0.30 0.20 What is the risk, σPW, associated with the proposal?
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