PV Cash Flow (Year 1) PV Cash Flow (Year 2) Total PV

Senario 1 £ 100,000.00 74,380 174,380

£ 100,000.00 82,645 182,645
£ 100,000.00 90,909 190,909
0
Optimistic Senario 109,091 90,909 200,000
109,091 99,174 208,265
109,091 123,967 233,058

Senario 1
PVCFy1 110000/(1+0.1)^1
(1+0.1) #VALUE!
Probability EV
0.14 24413
0.42 76711
0.14 26727
0
0.06 12000
0.12 24992
0.12 27967
EPV 192810
Investment 190000
ENPV 2810

Joint Probability
0.7 0.2 0.14
0.7 0.6 0.42
0.7 0.2 0.14