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    Exam 12: Risk and Refinements in Capital Budgeting
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    The Output of Simulation Provides an Excellent Basis for Decision
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The Output of Simulation Provides an Excellent Basis for Decision

Question 85

Question 85

True/False

The output of simulation provides an excellent basis for decision making since it allows the decision maker to view a continuum of risk-return trade-offs rather than a single-point estimate.

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