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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
The management of Greensboro Products has been evaluating the risk of the cash flows associated with a proposed new project. The expected net cash flow for year 1 is $50,000. The most optimistic estimate (not expected to be exceeded more than 10 percent of the time) of the year 1 net cash flow is $110,000, and the most pessimistic net cash flow estimate for year 1 is –$10,000 (no greater than a 10 percent chance of a value this low or lower).What is the probability that year 1 net cash flows will be negative?
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