1. Interpret the columns of data in Table 2-4. Does the $10,968 value mean that the project is expected to return only this amount of discounted

1. Interpret the columns of data in Table 2-4. Does the $10,968 value mean that the project is expected to return only this amount of discounted money?

2. How would you find the probability in Figure 2-9 of an NPV of over $20,000?

3. Reconsider Table 2-3 to explain why the simulated outcome in Table 2-4 is only about half as much as the value originally obtained in Table 2-2. Does the spread of the data in Table 2-3 appear realistic?