Huang industries is considering a proposed project whose estimated NPV is $12 million. This estimate assumes that economic conditions will be "average." However, the CFO realizes that conditions could be better or worse, so they performed a scenario analysis and obtained these results:
Economic scenario probability of outcome NPV
recession 0.05 (70 million)
below average 0.20 (25 million)
average 0.50 12 million
above average 0.20 20 million
boom 0.05 30 million
Calculate the projects NPV, standard deviation, and coefficient variation.