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An investment project has expected annual net cash flows of $100,000 with a standard deviation of $50,000. The distribution of annual net cash flows is approximately normal.
a. Determine the probability that the annual net cash flows will be negative.
b. Determine the probability that the annual net cash flows will be less than $20,000.
When politicians using polling data emphasize issues to polls have given more importance than necessary they have fallen
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The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy.
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Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
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