0% found this document useful (0 votes)
50 views

Assignment 2-Monte Carlo Sim-Student Version SP 2024

Dahlia Simmons is analyzing a new project to sell solar powered batteries. Probabilities and distributions are provided for variables like industry demand, Dahlia's market share, costs, and prices. A Monte Carlo simulation with 500 iterations will be run to analyze the project's NPV and IRR based on these probabilistic inputs.

Uploaded by

salehaiman2019
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
50 views

Assignment 2-Monte Carlo Sim-Student Version SP 2024

Dahlia Simmons is analyzing a new project to sell solar powered batteries. Probabilities and distributions are provided for variables like industry demand, Dahlia's market share, costs, and prices. A Monte Carlo simulation with 500 iterations will be run to analyze the project's NPV and IRR based on these probabilistic inputs.

Uploaded by

salehaiman2019
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 91

STUDENT NAME:

STUDENT NUMBER: Aiman Saleh

DUE DATE: 11:59 p.m., Monday April 22, 2024


MAX. GRADE: 6% of Final Grade

THE AMERICAN UNIVERSITY OF BEIRUT


OLAYAN SCHOOL OF BUSINESS
FINA 306 – Intermediate Corporate Finance
Assignment 2, Spring 2024

Write
Please your
read name and studenteach
CAREFULLY identification number
question and makeon thisyou
sure sheet.
answer each question and sub-
questions. Show and defend your analysis.
Write your answers within the designated space. Use excel functions and formulas to do all
calculations for partial or full credit.
Please make your writing is clear and precise.
Submit your solution in soft copy via Moodle, Quiz 2
Dahlia Simmons
Dahlia Simmons, CFO of Dahlia Enterprises, is analyzing a new project to sell solar powered batteries for cell phones. Dahlia has estimated the following p
distributions for the variables in the project:

Probability: 10% 30% 45% 15.00%


Industry demand: 80,000,000 95,000,000 108,000,000 124,000,000

Probability: 10% 20% 20% 25%


Dahlia market share: 1% 2% 3% 4%

Probability: 20% 70% 10.0%


Initial cost: $60,000,000 $65,000,000 $72,000,000

Probability: 20% 65% 15.00%


VC per unit $24 $26 $29

Probability: 15% 25% 40% 20.0%


Fixed costs: $20,000,000 $24,000,000 $27,000,000 $31,000,000

The unit price depends on the industry demand since a greater demand will result in a higher price. Dahlia determines that the price per unit will be given b
equation:
Price = Industry demand / 2,000,000 + $1(+/-$2)
The random "+/-$2" term represents a increase or decrease in price according to the following distribution:
Probability: 40% 60%
Price randomness: ($2) $2

The length of the project, tax rate, and required return are:

Project length (years): 6


Depreciation Straight Line Method with Zero scrap value
Tax rate: 34%

Required return: 14%

QUESTIONS:

(25 Points)
Calculate the missing probabililty (where ? appears) in the above.
Fill Table 1 (shown on next sheet):
Run a Monte Carlo simulation for the project with at least 500 iterations of the calculation.
How?
Step 1: In the Simulation Analysis excel sheet, type in =Rand() in cell B37 and drag it all the way to G536 to create six columns of 500 random
reflecting random probability for the following six variables: Industry Demand, Dahlia Market Share, Price per Unit, Initial Investment, Variable
and Fixed Costs.
1
Step 2: Use the generated random probability to assign a value for each of the six variables for each iteration (e.g., if the probability for industry
then the industry demand would be 108,000,000). For that you need to insert an extended if statement
in cell H37, I37, K37, L37, N37, P37 and then drag the if conditions all the way to row 536. Create the appropriate calculation formula in J37, M
R37, S37, T37 and U37, and then drag the corresponding formula all the way to row 536.

(20 Points)
2 Using the 500 iterations from Table 1 (which you already developed on next sheet when answering question a), do the necessary computations in
on next sheet) to calculate the Operating Cash Flows (OCF) for each iteration, the IRR and NPV for each iteration.
NOTE: The IRR function in Excel will return an error if the IRR of the project is too low. For example, what is the IRR if both the initial cash flo
operating cash flows are negative? The IRR is less than -100 percent. This is not a problem when you are calculating the IRR one time since you
is too low, but when you are running 500 or more iterations it can create a problem trying to summarize the results. Because of this, you should c
statement that tests if the operating cash flow divided by the absolute value of the initial investment is less than 0.1. If this is the case, the cell wil
of -99.99 percent, else the cell will calculate the IRR.
(5 Points) Using Table 3 results (automatically displayed on next sheet), create a graph of the distribution of the IRRs from the Monte Carlo sim
3
different ranges of IRR. Please comment.

The above graph IRR distribution shows that this distribution shifted to the right, which means it is a negatively skewed distribution. The mode,
between 100%-200%, is the most frequent value that appeared to be in the given set of data and the highest range of outcome. This implies that t
least twice the investment. Moreover, out of 500 iterations, 43 results yield a negative IRR, 40 results yield an IRR less than 15%. Therefore, the
results show that projects will result in a high IRR that depends on probabilities and assumptions that we will use.

4 (5 Points) Using Table 3 results (automatically displayed on next sheet), create a graph for the cumulative probability function for the IRR distri
comment.

The above chart of the cumulative probability distribution of the IRR shows that the distribution skewed to the right, which means it is a negative
distribution(mode>madien>mean). This implies a higher probability of return. The cumulative probability distribution of IRR is mainly positive
200%.The probability of IRR between 15%-20% peaks around 80%, which is the largest cumulative in this project. Then, this probability will gr
to about 30% as the IRR range reaches 100%-200%. Therefore, the project has at least 80% of achieving 15-20% and only a 20% probability of o
than this range.

5 (2.5 Points) What is the probability of positive NPV?

6 (2.5 Points) Based on the above results, do you accept or reject the project and why?
Dahlia has estimated the following probability

20% 5.00%
5% 6%

that the price per unit will be given by the following


o create six columns of 500 random numbers each
per Unit, Initial Investment, Variable Cost per Unit,

(e.g., if the probability for industry demand is 76%,

opriate calculation formula in J37, M37, O37, Q37,

a), do the necessary computations in Table 2 (shown


ach iteration.
t is the IRR if both the initial cash flow and the
lculating the IRR one time since you can see the IRR
results. Because of this, you should create an IF
han 0.1. If this is the case, the cell will return an IRR
the IRRs from the Monte Carlo simulation for

vely skewed distribution. The mode, which is the IRRs


ange of outcome. This implies that the IRR yields at
an IRR less than 15%. Therefore, the simulation
l use.

probability function for the IRR distribution. Please

he right, which means it is a negatively skewed


stribution of IRR is mainly positive between 15%-
project. Then, this probability will gradually decrease
-20% and only a 20% probability of obtaining less
Dahlia Simmons-Spreadsheet Solution
Dahlia Simmons, CFO of Dahlia Enterprises, is analyzing a new project to sell solar powered batteries for cell
phones. Dahlia has estimated the following probability distributions for the variables in the project. To make the
programming easier, we have reproduced the inputs below.

Probability: 10% 30% 45% 15%


Cumulative Probability 10% 40% 85% 100%
Industry demand: 80,000,000 95,000,000 108,000,000 124,000,000

Probability: 10% 20% 20% 25% 20% 5%


Cumulative Probability 10% 30% 50% 75% 95% 100%
Dahlia market share: 1% 2% 3% 4% 5% 6%
Probability: 20% 70% 10%
Cumulative Probability 20% 90% 100%
Initial cost: $60,000,000 $65,000,000 $72,000,000

Probability: 20% 65% 15%


Cumulative Probability 20% 85% 100%
VC per unit $24 $26 $29
Probability: 15% 25% 40% 20%
Cumulative Probability 15% 40% 80% 100%
Fixed costs: $20,000,000 $24,000,000 $27,000,000 $31,000,000

The unit price depends on the industry demand since a greater demand will result in a higher price.
Dahlia determines that the price per unit will be given by the following equation:
Price = Industry demand / 2,000,000 + $1(+/-$2)
Probability: 40% 60%
Price randomness: ($2) $2
Project length (years): 6
Depreciation Straight Line Method with Zero scrap value
Tax rate: 34%
Required return: 14%
Question 1

Industry Dahlia Price Initial Variable Cost Fixed


Iteration Demand Market Share Per Unit Investment Per Unit Costs Industry
No. Random 1 Random 2 Random 3 Random 4 Random 5 Random 6 Demand
1 0.32778 0.02031 0.99276 0.83617 0.56663 0.09314 95,000,000
2 0.71782 0.15736 0.55112 0.10512 0.13202 0.86265 108,000,000
3 0.49650 0.18635 0.97498 0.72980 0.31916 0.84414 108,000,000
4 0.37590 0.44441 0.66611 0.03198 0.59122 0.02898 95,000,000
5 0.12491 0.22240 0.25403 0.43249 0.27591 0.35540 95,000,000
6 0.82080 0.70683 0.00672 0.79414 0.30797 0.37431 108,000,000
7 0.47920 0.68539 0.92042 0.90326 0.46914 0.64629 108,000,000
8 0.16777 0.67778 0.69062 0.08588 0.45252 0.71535 95,000,000
9 0.95189 0.47825 0.01008 0.11468 0.35250 0.31336 124,000,000
10 0.98548 0.03417 0.96191 0.15418 0.69520 0.31195 124,000,000
11 0.40396 0.75364 0.75139 0.89159 0.89398 0.53757 108,000,000
12 0.94333 0.44153 0.88358 0.72367 0.70301 0.48976 124,000,000
13 0.19840 0.11056 0.61083 0.54600 0.26067 0.03533 95,000,000
14 0.25345 0.74807 0.55623 0.36807 0.10439 0.25758 95,000,000
15 0.25682 0.14340 0.43341 0.66376 0.18614 0.45133 95,000,000
16 0.60696 0.65826 0.97573 0.83776 0.44764 0.31548 108,000,000
17 0.35733 0.17325 0.38861 0.43560 0.50278 0.51790 95,000,000
18 0.07455 0.54139 0.06448 0.62775 0.03506 0.58613 80,000,000
19 0.20946 0.85339 0.64886 0.57362 0.51032 0.37853 95,000,000
20 0.39011 0.37128 0.46649 0.89070 0.79123 0.98707 95,000,000
21 0.60325 0.82380 0.94634 0.71341 0.30420 0.79369 108,000,000
22 0.70525 0.22233 0.54236 0.86519 0.96897 0.24849 108,000,000
23 0.71063 0.66418 0.64796 0.07184 0.83557 0.70656 108,000,000
24 0.05736 0.85039 0.06207 0.00734 0.37194 0.29661 80,000,000
25 0.62434 0.13979 0.64103 0.00256 0.91907 0.82006 108,000,000
26 0.30276 0.65802 0.40988 0.64160 0.24104 0.20455 95,000,000
27 0.19601 0.82902 0.28700 0.52144 0.07570 0.24928 95,000,000
28 0.06709 0.22478 0.96615 0.14083 0.76086 0.12278 80,000,000
29 0.52348 0.66378 0.32854 0.98677 0.71989 0.06815 108,000,000
30 0.70135 0.47770 0.85333 0.74928 0.46619 0.02671 108,000,000
31 0.64088 0.73765 0.97284 0.62575 0.37996 0.42330 108,000,000
32 0.44863 0.42335 0.86435 0.95194 0.08436 0.93036 108,000,000
33 0.73406 0.68080 0.12654 0.46735 0.95275 0.77039 108,000,000
34 0.12501 0.71667 0.56080 0.67373 0.76956 0.94984 95,000,000
35 0.41885 0.32419 0.07936 0.22375 0.42822 0.75563 108,000,000
36 0.80166 0.97560 0.57127 0.59792 0.25565 0.47934 108,000,000
37 0.27073 0.06121 0.34584 0.89293 0.81053 0.94097 95,000,000
38 0.10516 0.74500 0.56567 0.38200 0.85825 0.74596 95,000,000
39 0.80639 0.33600 0.52969 0.80569 0.21802 0.56149 108,000,000
40 0.58367 0.66405 0.71690 0.78982 0.09956 0.22362 108,000,000
41 0.66876 0.67717 0.70244 0.27694 0.23235 0.71796 108,000,000
42 0.25184 0.13822 0.90711 0.45032 0.63995 0.08459 95,000,000
43 0.21913 0.20794 0.98635 0.58978 0.04429 0.42289 95,000,000
44 0.11571 0.74482 0.35454 0.67929 0.46241 0.72123 95,000,000
45 0.00987 0.89934 0.39653 0.52164 0.39299 0.43590 80,000,000
46 0.90928 0.05112 0.40057 0.44633 0.07488 0.66081 124,000,000
47 0.65563 0.83937 0.20717 0.35707 0.52534 0.82230 108,000,000
48 0.65058 0.23026 0.94672 0.49373 0.39364 0.11682 108,000,000
49 0.04507 0.54681 0.44106 0.11580 0.76790 0.59678 80,000,000
50 0.10954 0.50461 0.62371 0.59641 0.15392 0.28458 95,000,000
51 0.69646 0.69355 0.55051 0.34354 0.03074 0.94310 108,000,000
52 0.31599 0.34194 0.99035 0.82003 0.20855 0.08172 95,000,000
53 0.23635 0.65826 0.30901 0.34232 0.95499 0.28843 95,000,000
54 0.87255 0.38787 0.45065 0.25572 0.87285 0.32553 124,000,000
55 0.34297 0.89353 0.99606 0.08155 0.56667 0.28624 95,000,000
56 0.50767 0.88300 0.93012 0.60280 0.49529 0.37576 108,000,000
57 0.67461 0.58344 0.75904 0.52702 0.22973 0.71456 108,000,000
58 0.34944 0.22157 0.38749 0.97287 0.36476 0.60721 95,000,000
59 0.90941 0.55319 0.13927 0.37144 0.85795 0.02605 124,000,000
60 0.80668 0.29357 0.00727 0.31186 0.61899 0.17880 108,000,000
61 0.15813 0.32782 0.54402 0.38678 0.27845 0.00558 95,000,000
62 0.28964 0.39027 0.33736 0.92596 0.84886 0.62245 95,000,000
63 0.67167 0.58181 0.69878 0.75883 0.78175 0.55465 108,000,000
64 0.19245 0.55109 0.99275 0.60693 0.40007 0.28597 95,000,000
65 0.70441 0.23746 0.75886 0.83438 0.00801 0.56171 108,000,000
66 0.43252 0.63498 0.40615 0.39039 0.16545 0.91196 108,000,000
67 0.49696 0.69196 0.45928 0.75430 0.16866 0.83462 108,000,000
68 0.49330 0.90377 0.51654 0.97271 0.58546 0.42937 108,000,000
69 0.46341 0.89721 0.28539 0.87860 0.77605 0.77292 108,000,000
70 0.13316 0.64471 0.71859 0.71044 0.49422 0.48404 95,000,000
71 0.09442 0.89451 0.47888 0.71170 0.70411 0.75841 80,000,000
72 0.05583 0.00936 0.87977 0.82200 0.72160 0.52915 80,000,000
73 0.76281 0.90273 0.12195 0.01907 0.38276 0.84584 108,000,000
74 0.55115 0.38830 0.22540 0.06831 0.46360 0.35096 108,000,000
75 0.16469 0.93119 0.84929 0.39560 0.75953 0.11767 95,000,000
76 0.92688 0.91362 0.68004 0.49992 0.76796 0.93013 124,000,000
77 0.23188 0.23621 0.96899 0.10965 0.06056 0.47850 95,000,000
78 0.53483 0.01992 0.56514 0.87522 0.79210 0.29070 108,000,000
79 0.86849 0.13605 0.46332 0.26454 0.98557 0.12719 124,000,000
80 0.88409 0.76138 0.87530 0.74872 0.81917 0.95018 124,000,000
81 0.70764 0.66057 0.49819 0.28974 0.75990 0.36819 108,000,000
82 0.87137 0.44544 0.44083 0.18292 0.05917 0.35062 124,000,000
83 0.60783 0.48964 0.13410 0.93816 0.12665 0.11170 108,000,000
84 0.20692 0.95538 0.88799 0.68161 0.08413 0.47094 95,000,000
85 0.28084 0.28600 0.61180 0.37003 0.92959 0.73037 95,000,000
86 0.26655 0.46935 0.64914 0.84001 0.90525 0.98076 95,000,000
87 0.83277 0.90362 0.61125 0.45091 0.52150 0.51212 108,000,000
88 0.41071 0.89509 0.96774 0.41471 0.98498 0.81072 108,000,000
89 0.36458 0.71162 0.05085 0.97470 0.61628 0.21338 95,000,000
90 0.63760 0.43883 0.05995 0.24905 0.39909 0.23080 108,000,000
91 0.42846 0.87890 0.38919 0.90304 0.88846 0.85082 108,000,000
92 0.72844 0.20014 0.93119 0.05346 0.67369 0.59932 108,000,000
93 0.34148 0.26787 0.29943 0.46729 0.31724 0.32959 95,000,000
94 0.65154 0.83484 0.64574 0.67107 0.72484 0.89233 108,000,000
95 0.22690 0.94935 0.31959 0.32428 0.56389 0.59391 95,000,000
96 0.15666 0.89304 0.74365 0.50585 0.13868 0.21887 95,000,000
97 0.92408 0.25912 0.43751 0.72932 0.26772 0.71041 124,000,000
98 0.64790 0.41080 0.03210 0.72584 0.17297 0.62844 108,000,000
99 0.58442 0.24046 0.87745 0.23101 0.27409 0.59819 108,000,000
100 0.58548 0.73939 0.28177 0.29699 0.90718 0.39981 108,000,000
101 0.80431 0.92013 0.46592 0.12569 0.56502 0.40980 108,000,000
102 0.61689 0.06550 0.55116 0.48257 0.29902 0.99279 108,000,000
103 0.43527 0.04706 0.64417 0.35764 0.40350 0.86205 108,000,000
104 0.72671 0.67359 0.72281 0.60345 0.34253 0.83156 108,000,000
105 0.00469 0.03976 0.71655 0.88733 0.42962 0.83435 80,000,000
106 0.83205 0.52669 0.28473 0.35688 0.84029 0.35003 108,000,000
107 0.73289 0.55460 0.15014 0.20969 0.13999 0.79359 108,000,000
108 0.08899 0.84840 0.07350 0.36240 0.32845 0.70822 80,000,000
109 0.66223 0.62487 0.51998 0.35408 0.47804 0.24834 108,000,000
110 0.37683 0.31044 0.16258 0.29526 0.89723 0.58024 95,000,000
111 0.37925 0.27083 0.71686 0.66729 0.54519 0.75143 95,000,000
112 0.13796 0.85800 0.04444 0.85206 0.35363 0.33116 95,000,000
113 0.80291 0.82301 0.94699 0.77807 0.97146 0.45258 108,000,000
114 0.13075 0.64244 0.28339 0.47108 0.22859 0.22938 95,000,000
115 0.13600 0.33916 0.32129 0.82869 0.33306 0.70841 95,000,000
116 0.78883 0.80725 0.54269 0.32152 0.18624 0.09556 108,000,000
117 0.79975 0.45296 0.46964 0.32755 0.08278 0.37941 108,000,000
118 0.95473 0.82021 0.12459 0.53777 0.82861 0.46060 124,000,000
119 0.97310 0.54851 0.17502 0.07006 0.29535 0.37654 124,000,000
120 0.22863 0.69718 0.27479 0.27579 0.81839 0.59320 95,000,000
121 0.57361 0.42882 0.15507 0.26927 0.10091 0.62082 108,000,000
122 0.76987 0.44807 0.83629 0.81402 0.26863 0.20073 108,000,000
123 0.20174 0.55070 0.48419 0.62245 0.55846 0.18213 95,000,000
124 0.83317 0.64131 0.83765 0.95308 0.64074 0.88773 108,000,000
125 0.96005 0.55132 0.47199 0.99907 0.96495 0.42211 124,000,000
126 0.88859 0.57369 0.82751 0.00541 0.22526 0.63524 124,000,000
127 0.90948 0.36821 0.01915 0.78971 0.43037 0.07037 124,000,000
128 0.20421 0.14938 0.08259 0.47582 0.34108 0.67631 95,000,000
129 0.46344 0.62618 0.97579 0.46902 0.53421 0.85153 108,000,000
130 0.33639 0.90165 0.31717 0.04852 0.01202 0.80842 95,000,000
131 0.74101 0.01445 0.66495 0.94715 0.67609 0.95807 108,000,000
132 0.98549 0.54151 0.57204 0.57176 0.06209 0.69871 124,000,000
133 0.49008 0.68856 0.12362 0.39344 0.92563 0.33339 108,000,000
134 0.42637 0.22018 0.91181 0.44838 0.45749 0.78154 108,000,000
135 0.80945 0.11359 0.81703 0.06733 0.23615 0.33149 108,000,000
136 0.19128 0.02727 0.63815 0.34971 0.13560 0.16871 95,000,000
137 0.33910 0.84526 0.31665 0.89053 0.71664 0.29400 95,000,000
138 0.25111 0.76700 0.22818 0.03166 0.51771 0.54389 95,000,000
139 0.32193 0.95689 0.24467 0.28620 0.20301 0.91005 95,000,000
140 0.50127 0.01606 0.38680 0.19766 0.48712 0.39599 108,000,000
141 0.38125 0.12852 0.65360 0.54200 0.37161 0.39270 95,000,000
142 0.06030 0.18559 0.00797 0.01631 0.81039 0.20308 80,000,000
143 0.54854 0.45301 0.63081 0.65887 0.79713 0.15033 108,000,000
144 0.78896 0.35800 0.47396 0.21973 0.98339 0.88529 108,000,000
145 0.53784 0.45603 0.19482 0.13032 0.11853 0.44685 108,000,000
146 0.96461 0.85149 0.14726 0.74205 0.20607 0.78341 124,000,000
147 0.06199 0.03370 0.56840 0.76435 0.15000 0.61330 80,000,000
148 0.26773 0.30953 0.92643 0.35859 0.83043 0.76860 95,000,000
149 0.18439 0.49146 0.53047 0.33932 0.36763 0.72463 95,000,000
150 0.94709 0.35974 0.08245 0.02852 0.18763 0.57253 124,000,000
151 0.98834 0.13770 0.54199 0.31900 0.52697 0.60340 124,000,000
152 0.62664 0.21552 0.85233 0.01173 0.25462 0.64729 108,000,000
153 0.18293 0.36596 0.65852 0.91241 0.59859 0.02385 95,000,000
154 0.40461 0.41083 0.03995 0.49799 0.76762 0.15748 108,000,000
155 0.06885 0.64688 0.45079 0.13483 0.21542 0.43485 80,000,000
156 0.74122 0.84201 0.64825 0.10626 0.88113 0.81399 108,000,000
157 0.37668 0.23531 0.38506 0.90209 0.11477 0.80539 95,000,000
158 0.07530 0.10007 0.91356 0.09735 0.90733 0.83803 80,000,000
159 0.26516 0.05893 0.57997 0.46253 0.89875 0.91316 95,000,000
160 0.81215 0.43716 0.65771 0.84876 0.74442 0.60881 108,000,000
161 0.90645 0.41047 0.13952 0.87353 0.90131 0.51665 124,000,000
162 0.12426 0.54434 0.11891 0.67468 0.55364 0.60120 95,000,000
163 0.22339 0.48235 0.99838 0.84318 0.72238 0.63318 95,000,000
164 0.60209 0.08242 0.33067 0.44665 0.35028 0.48716 108,000,000
165 0.12497 0.45523 0.49583 0.65882 0.35229 0.90328 95,000,000
166 0.54560 0.41306 0.83979 0.79156 0.65057 0.52737 108,000,000
167 0.55351 0.82101 0.97255 0.26496 0.96273 0.86184 108,000,000
168 0.96635 0.40991 0.17796 0.76409 0.42852 0.73260 124,000,000
169 0.09838 0.63763 0.21956 0.77950 0.75437 0.64044 80,000,000
170 0.18274 0.65542 0.87510 0.53701 0.56260 0.76217 95,000,000
171 0.78763 0.29167 0.94118 0.04283 0.96329 0.18873 108,000,000
172 0.30119 0.11650 0.63671 0.55918 0.42164 0.73508 95,000,000
173 0.80819 0.66356 0.35170 0.77404 0.88515 0.28094 108,000,000
174 0.14258 0.93210 0.71392 0.59693 0.40268 0.24136 95,000,000
175 0.21727 0.74525 0.33565 0.61185 0.03453 0.71396 95,000,000
176 0.20259 0.11678 0.68200 0.94468 0.06638 0.18500 95,000,000
177 0.52001 0.46681 0.92665 0.35560 0.33718 0.03074 108,000,000
178 0.01503 0.67189 0.54755 0.33377 0.62521 0.72172 80,000,000
179 0.34843 0.04442 0.58753 0.01111 0.05297 0.87195 95,000,000
180 0.73770 0.92303 0.46195 0.92735 0.75998 0.33183 108,000,000
181 0.29668 0.41411 0.13457 0.21731 0.15785 0.95273 95,000,000
182 0.85717 0.68734 0.88129 0.95644 0.76736 0.67381 124,000,000
183 0.60329 0.91653 0.88965 0.73381 0.80531 0.26220 108,000,000
184 0.29091 0.31270 0.04100 0.69758 0.57173 0.07619 95,000,000
185 0.78171 0.40145 0.28838 0.50075 0.22807 0.07161 108,000,000
186 0.73465 0.79909 0.20726 0.52564 0.29376 0.39411 108,000,000
187 0.49368 0.40659 0.25167 0.57259 0.08800 0.41715 108,000,000
188 0.73313 0.17909 0.32856 0.33781 0.98777 0.94611 108,000,000
189 0.17141 0.35818 0.33130 0.64568 0.90595 0.87288 95,000,000
190 0.40606 0.55833 0.26995 0.22912 0.86418 0.23289 108,000,000
191 0.08522 0.82715 0.25710 0.36747 0.66023 0.50049 80,000,000
192 0.90329 0.05756 0.77417 0.29119 0.65498 0.76488 124,000,000
193 0.43701 0.44895 0.15734 0.51576 0.24393 0.78922 108,000,000
194 0.51947 0.18310 0.58894 0.11290 0.91212 0.18504 108,000,000
195 0.17183 0.70443 0.53635 0.62587 0.79090 0.12173 95,000,000
196 0.25893 0.53261 0.72626 0.66950 0.88359 0.88289 95,000,000
197 0.87035 0.81354 0.49584 0.88046 0.20390 0.51972 124,000,000
198 0.90634 0.31453 0.27608 0.63431 0.63177 0.87637 124,000,000
199 0.45396 0.68194 0.45028 0.79969 0.54781 0.90779 108,000,000
200 0.44385 0.28243 0.88878 0.58333 0.92490 0.18431 108,000,000
201 0.06853 0.88544 0.68465 0.10986 0.46005 0.12750 80,000,000
202 0.28307 0.58151 0.94008 0.48479 0.19659 0.38926 95,000,000
203 0.72688 0.39965 0.18365 0.81559 0.93011 0.19754 108,000,000
204 0.62164 0.16533 0.27653 0.68285 0.93230 0.36857 108,000,000
205 0.25169 0.86080 0.63872 0.35599 0.57301 0.33712 95,000,000
206 0.25920 0.32687 0.72497 0.50677 0.40277 0.26273 95,000,000
207 0.61141 0.47396 0.60082 0.59793 0.03861 0.93268 108,000,000
208 0.03374 0.01161 0.99462 0.92711 0.58988 0.96553 80,000,000
209 0.83949 0.75430 0.54511 0.40644 0.26066 0.87176 108,000,000
210 0.89207 0.91419 0.06609 0.45145 0.02365 0.08158 124,000,000
211 0.86177 0.59023 0.44248 0.42308 0.04799 0.72300 124,000,000
212 0.69596 0.96757 0.57536 0.45587 0.42072 0.16788 108,000,000
213 0.33796 0.78840 0.15398 0.78024 0.93716 0.91512 95,000,000
214 0.31246 0.52473 0.20811 0.28328 0.36422 0.72452 95,000,000
215 0.69011 0.67975 0.80417 0.98902 0.98983 0.09405 108,000,000
216 0.89635 0.89593 0.26390 0.09158 0.30147 0.81625 124,000,000
217 0.06802 0.52235 0.41015 0.34628 0.39706 0.67676 80,000,000
218 0.78878 0.07410 0.47754 0.78599 0.56224 0.98193 108,000,000
219 0.05482 0.80385 0.20976 0.18125 0.06866 0.35898 80,000,000
220 0.35204 0.10424 0.78944 0.07299 0.17200 0.07330 95,000,000
221 0.84284 0.68735 0.04774 0.23805 0.25657 0.21314 108,000,000
222 0.40813 0.37279 0.35612 0.22716 0.15671 0.26189 108,000,000
223 0.59267 0.73676 0.02610 0.77509 0.36328 0.88335 108,000,000
224 0.67329 0.02293 0.15809 0.04917 0.27142 0.42468 108,000,000
225 0.56934 0.60397 0.74430 0.42705 0.90810 0.12150 108,000,000
226 0.43324 0.62346 0.17704 0.84539 0.68099 0.26330 108,000,000
227 0.04962 0.00228 0.62761 0.78541 0.66266 0.50064 80,000,000
228 0.00438 0.92746 0.08173 0.88166 0.57334 0.61070 80,000,000
229 0.01081 0.95917 0.60123 0.46830 0.04665 0.41788 80,000,000
230 0.45280 0.03511 0.36134 0.89265 0.97409 0.28801 108,000,000
231 0.49766 0.94332 0.68677 0.82984 0.65896 0.90561 108,000,000
232 0.28005 0.15437 0.23852 0.71189 0.59176 0.84593 95,000,000
233 0.15090 0.35961 0.56454 0.06705 0.37593 0.46459 95,000,000
234 0.76331 0.33231 0.40887 0.21608 0.89634 0.50709 108,000,000
235 0.41628 0.42292 0.13563 0.66533 0.98402 0.45684 108,000,000
236 0.28992 0.53739 0.61629 0.09807 0.48405 0.35389 95,000,000
237 0.30615 0.50199 0.79536 0.89251 0.40381 0.04341 95,000,000
238 0.93788 0.72492 0.26558 0.79660 0.91771 0.39704 124,000,000
239 0.51274 0.31218 0.60919 0.07518 0.53062 0.71465 108,000,000
240 0.03056 0.39883 0.97152 0.69027 0.65924 0.05157 80,000,000
241 0.43902 0.00196 0.38107 0.83571 0.16662 0.60390 108,000,000
242 0.08355 0.07926 0.35781 0.50027 0.19630 0.34820 80,000,000
243 0.70394 0.33628 0.14116 0.79992 0.86135 0.29715 108,000,000
244 0.81045 0.46620 0.78180 0.58596 0.96903 0.81499 108,000,000
245 0.78209 0.56281 0.94368 0.12713 0.95091 0.35896 108,000,000
246 0.87563 0.08510 0.57149 0.53352 0.40671 0.58378 124,000,000
247 0.23860 0.68801 0.95085 0.08150 0.15769 0.58872 95,000,000
248 0.38929 0.11285 0.71600 0.90910 0.33087 0.42169 95,000,000
249 0.11442 0.33635 0.33191 0.89612 0.17469 0.44596 95,000,000
250 0.66612 0.05667 0.62839 0.41870 0.85627 0.62910 108,000,000
251 0.72204 0.74407 0.45102 0.51082 0.15095 0.35338 108,000,000
252 0.50411 0.67628 0.20856 0.72133 0.20689 0.62200 108,000,000
253 0.76169 0.77033 0.04796 0.19603 0.61453 0.60844 108,000,000
254 0.05461 0.40661 0.13049 0.93257 0.77188 0.19557 80,000,000
255 0.06538 0.27702 0.16862 0.40253 0.24578 0.20912 80,000,000
256 0.56990 0.53435 0.07138 0.16035 0.70077 0.64630 108,000,000
257 0.28815 0.89834 0.77082 0.00212 0.80901 0.25963 95,000,000
258 0.05221 0.33253 0.85567 0.57174 0.33176 0.38620 80,000,000
259 0.01797 0.65943 0.18762 0.74424 0.55407 0.03614 80,000,000
260 0.29371 0.49441 0.66019 0.90855 0.46056 0.63529 95,000,000
261 0.83657 0.24155 0.52276 0.78938 0.50918 0.72160 108,000,000
262 0.12540 0.33397 0.67886 0.87645 0.26571 0.01308 95,000,000
263 0.39830 0.52354 0.45463 0.50756 0.69059 0.74589 95,000,000
264 0.14442 0.12333 0.80978 0.13713 0.75025 0.38222 95,000,000
265 0.44111 0.77820 0.47984 0.21202 0.95545 0.75642 108,000,000
266 0.90912 0.79844 0.27052 0.52162 0.61807 0.45571 124,000,000
267 0.46032 0.86491 0.38485 0.13520 0.30788 0.77361 108,000,000
268 0.36387 0.67233 0.35392 0.70269 0.26592 0.28772 95,000,000
269 0.85797 0.06448 0.14042 0.51555 0.23351 0.54999 124,000,000
270 0.05165 0.57316 0.23721 0.48295 0.00552 0.50949 80,000,000
271 0.61522 0.20251 0.42840 0.12594 0.31298 0.75093 108,000,000
272 0.11607 0.28406 0.00940 0.23843 0.31991 0.77763 95,000,000
273 0.95026 0.93235 0.38063 0.61658 0.59669 0.56883 124,000,000
274 0.05617 0.45130 0.51874 0.91557 0.55997 0.09224 80,000,000
275 0.86903 0.95477 0.75431 0.94792 0.83363 0.85777 124,000,000
276 0.80112 0.58176 0.90260 0.80669 0.85826 0.08326 108,000,000
277 0.62947 0.49848 0.16529 0.67153 0.62256 0.28770 108,000,000
278 0.47971 0.58381 0.91787 0.72333 0.08674 0.97063 108,000,000
279 0.82515 0.14503 0.74057 0.87112 0.60723 0.15811 108,000,000
280 0.38294 0.89838 0.07469 0.81507 0.20137 0.61272 95,000,000
281 0.36499 0.69788 0.37219 0.62662 0.05687 0.16504 95,000,000
282 0.62419 0.29205 0.94302 0.65106 0.26107 0.53448 108,000,000
283 0.13706 0.22295 0.27501 0.32367 0.96124 0.70686 95,000,000
284 0.17221 0.10866 0.65398 0.89121 0.74122 0.02552 95,000,000
285 0.79528 0.71732 0.21098 0.53539 0.73919 0.53052 108,000,000
286 0.06213 0.62371 0.80997 0.60560 0.19055 0.25362 80,000,000
287 0.57064 0.24359 0.87252 0.77598 0.01922 0.94143 108,000,000
288 0.81585 0.96850 0.58215 0.08088 0.41453 0.64814 108,000,000
289 0.95567 0.69168 0.17835 0.79077 0.53133 0.24881 124,000,000
290 0.17738 0.62534 0.83971 0.05754 0.34473 0.06425 95,000,000
291 0.88526 0.62660 0.15416 0.29666 0.46844 0.02134 124,000,000
292 0.98370 0.11431 0.49505 0.66090 0.62668 0.25773 124,000,000
293 0.96060 0.80280 0.39601 0.22573 0.05931 0.44213 124,000,000
294 0.83582 0.18640 0.50301 0.93472 0.82306 0.08069 108,000,000
295 0.52888 0.26331 0.74188 0.08802 0.23246 0.42841 108,000,000
296 0.93057 0.72137 0.72321 0.75738 0.18458 0.35880 124,000,000
297 0.08684 0.14099 0.09110 0.73266 0.75817 0.40217 80,000,000
298 0.91375 0.78464 0.70222 0.26208 0.74474 0.37140 124,000,000
299 0.04989 0.73429 0.19993 0.52414 0.15194 0.16145 80,000,000
300 0.89123 0.32410 0.07156 0.88575 0.47567 0.20071 124,000,000
301 0.77082 0.99370 0.62698 0.60903 0.52810 0.67769 108,000,000
302 0.23421 0.28540 0.89789 0.33606 0.43590 0.27302 95,000,000
303 0.78587 0.36706 0.87038 0.47425 0.52150 0.96239 108,000,000
304 0.83441 0.48036 0.75750 0.66495 0.31241 0.97879 108,000,000
305 0.46264 0.00406 0.42207 0.76724 0.57510 0.90696 108,000,000
306 0.34365 0.58649 0.88860 0.54423 0.22137 0.88425 95,000,000
307 0.75014 0.06406 0.06277 0.14124 0.87878 0.23317 108,000,000
308 0.05484 0.45462 0.22833 0.30131 0.97261 0.05099 80,000,000
309 0.00529 0.18120 0.13048 0.99433 0.06409 0.51818 80,000,000
310 0.05668 0.88616 0.52241 0.07981 0.49693 0.21012 80,000,000
311 0.54594 0.59488 0.57855 0.37214 0.24542 0.78805 108,000,000
312 0.77356 0.19395 0.91195 0.73669 0.56343 0.15763 108,000,000
313 0.99021 0.37852 0.23642 0.51116 0.96393 0.07959 124,000,000
314 0.80619 0.46261 0.49191 0.91941 0.82468 0.89341 108,000,000
315 0.38863 0.13543 0.89273 0.51824 0.99679 0.21220 95,000,000
316 0.86539 0.13544 0.33850 0.84549 0.17620 0.19914 124,000,000
317 0.01469 0.25458 0.30140 0.84592 0.59899 0.90899 80,000,000
318 0.58796 0.02455 0.10076 0.87124 0.36020 0.75582 108,000,000
319 0.18769 0.63442 0.99372 0.72633 0.94900 0.01048 95,000,000
320 0.32855 0.60790 0.96835 0.45247 0.36830 0.10860 95,000,000
321 0.47879 0.03030 0.27897 0.80305 0.41444 0.58628 108,000,000
322 0.60070 0.76374 0.48470 0.14861 0.38464 0.34884 108,000,000
323 0.92864 0.15646 0.93737 0.55856 0.75739 0.05450 124,000,000
324 0.03793 0.87309 0.13171 0.00209 0.85310 0.70982 80,000,000
325 0.58541 0.45827 0.98723 0.31078 0.82729 0.41914 108,000,000
326 0.71842 0.89659 0.06728 0.94061 0.72321 0.23234 108,000,000
327 0.68419 0.44827 0.07246 0.22330 0.76872 0.76381 108,000,000
328 0.59439 0.44627 0.24033 0.25127 0.17394 0.77886 108,000,000
329 0.37044 0.45887 0.32093 0.34288 0.50681 0.91615 95,000,000
330 0.50107 0.50943 0.01546 0.10446 0.47392 0.47788 108,000,000
331 0.52702 0.73459 0.61187 0.30880 0.24051 0.85338 108,000,000
332 0.73616 0.40215 0.83439 0.46018 0.33294 0.23715 108,000,000
333 0.77282 0.57700 0.28604 0.30069 0.64558 0.65549 108,000,000
334 0.08884 0.69827 0.77029 0.40125 0.58219 0.26697 80,000,000
335 0.92370 0.20403 0.27680 0.50190 0.06570 0.48159 124,000,000
336 0.93213 0.54255 0.54929 0.21377 0.22840 0.90067 124,000,000
337 0.33948 0.43149 0.24192 0.77658 0.99394 0.64160 95,000,000
338 0.12714 0.87801 0.32491 0.70715 0.13491 0.95031 95,000,000
339 0.50007 0.97758 0.38131 0.82869 0.09653 0.35133 108,000,000
340 0.01252 0.86580 0.33344 0.20804 0.14295 0.30066 80,000,000
341 0.99843 0.53106 0.40784 0.98170 0.32112 0.25635 124,000,000
342 0.64833 0.64528 0.81991 0.00352 0.10146 0.19692 108,000,000
343 0.00838 0.59502 0.57201 0.61911 0.85953 0.99284 80,000,000
344 0.92448 0.66938 0.52787 0.15608 0.79109 0.98745 124,000,000
345 0.60139 0.09428 0.97056 0.15661 0.55272 0.03226 108,000,000
346 0.72529 0.01255 0.23037 0.45828 0.82556 0.59182 108,000,000
347 0.15281 0.03592 0.75071 0.85570 0.13867 0.01486 95,000,000
348 0.58222 0.77087 0.75910 0.37182 0.03297 0.93721 108,000,000
349 0.54025 0.65966 0.14715 0.41423 0.81125 0.11760 108,000,000
350 0.69473 0.57358 0.80598 0.85479 0.93550 0.36822 108,000,000
351 0.01197 0.66052 0.64297 0.24676 0.61814 0.06302 80,000,000
352 0.70262 0.45465 0.70323 0.04920 0.91511 0.47203 108,000,000
353 0.98418 0.95324 0.55651 0.44719 0.46412 0.83042 124,000,000
354 0.77288 0.29462 0.19596 0.33951 0.39149 0.92782 108,000,000
355 0.84749 0.83478 0.18183 0.48250 0.82094 0.78547 108,000,000
356 0.79227 0.05781 0.09112 0.93245 0.23852 0.23396 108,000,000
357 0.20693 0.45530 0.68277 0.87343 0.10274 0.88309 95,000,000
358 0.07364 0.27229 0.86692 0.69002 0.72303 0.27629 80,000,000
359 0.50914 0.71952 0.30565 0.63657 0.27901 0.04583 108,000,000
360 0.17194 0.87114 0.68719 0.33443 0.85441 0.96747 95,000,000
361 0.34866 0.63871 0.95417 0.25103 0.56312 0.37613 95,000,000
362 0.01175 0.05091 0.73853 0.77324 0.78653 0.85093 80,000,000
363 0.94729 0.62880 0.16868 0.03352 0.49608 0.89290 124,000,000
364 0.35314 0.47546 0.27324 0.01710 0.12253 0.12869 95,000,000
365 0.57890 0.66259 0.86915 0.24266 0.38339 0.46613 108,000,000
366 0.92404 0.31702 0.88190 0.68716 0.64110 0.90640 124,000,000
367 0.51359 0.53595 0.00833 0.33875 0.88387 0.47067 108,000,000
368 0.29251 0.04055 0.52892 0.79460 0.06218 0.23741 95,000,000
369 0.54916 0.70122 0.91841 0.61200 0.63299 0.08240 108,000,000
370 0.87105 0.50806 0.75425 0.55992 0.37387 0.18998 124,000,000
371 0.29736 0.60412 0.82837 0.34178 0.83226 0.71352 95,000,000
372 0.58794 0.12933 0.13534 0.31859 0.11109 0.10705 108,000,000
373 0.78527 0.17804 0.53737 0.82482 0.94455 0.63651 108,000,000
374 0.96662 0.95959 0.73239 0.72454 0.58011 0.02976 124,000,000
375 0.12877 0.20528 0.65013 0.77876 0.20626 0.45168 95,000,000
376 0.38232 0.54639 0.00204 0.24726 0.42181 0.73163 95,000,000
377 0.16160 0.88546 0.29419 0.23148 0.70454 0.97194 95,000,000
378 0.42146 0.20012 0.01122 0.79765 0.98407 0.18689 108,000,000
379 0.66930 0.94948 0.38691 0.33760 0.43345 0.17769 108,000,000
380 0.67969 0.07119 0.89029 0.16855 0.77504 0.54994 108,000,000
381 0.02016 0.98156 0.93302 0.27192 0.63421 0.63119 80,000,000
382 0.43806 0.82461 0.54081 0.02369 0.42558 0.46453 108,000,000
383 0.12070 0.33064 0.02193 0.80147 0.76017 0.38604 95,000,000
384 0.09999 0.32166 0.78090 0.05706 0.40180 0.04977 80,000,000
385 0.07758 0.44852 0.11048 0.70760 0.43191 0.64118 80,000,000
386 0.40317 0.55358 0.51415 0.94575 0.94300 0.53087 108,000,000
387 0.07252 0.91075 0.28583 0.86226 0.17047 0.10951 80,000,000
388 0.51440 0.23591 0.86229 0.34619 0.98918 0.84482 108,000,000
389 0.57933 0.74003 0.71921 0.68897 0.58189 0.29615 108,000,000
390 0.66848 0.29064 0.33275 0.08778 0.26998 0.63174 108,000,000
391 0.47292 0.26268 0.26986 0.90190 0.28902 0.51980 108,000,000
392 0.50318 0.54740 0.54855 0.31147 0.66580 0.65972 108,000,000
393 0.15938 0.26068 0.82861 0.30770 0.15807 0.84270 95,000,000
394 0.47648 0.88392 0.75041 0.31567 0.83952 0.79928 108,000,000
395 0.67614 0.55825 0.04636 0.57389 0.53467 0.38053 108,000,000
396 0.38989 0.58852 0.33973 0.01886 0.96572 0.46265 95,000,000
397 0.25315 0.86331 0.86024 0.09734 0.81206 0.44868 95,000,000
398 0.10382 0.58102 0.02845 0.46081 0.74478 0.40836 95,000,000
399 0.37639 0.09117 0.63691 0.67669 0.50807 0.38288 95,000,000
400 0.00421 0.58726 0.24181 0.31168 0.54565 0.37749 80,000,000
401 0.02352 0.52361 0.99186 0.57476 0.61613 0.79758 80,000,000
402 0.44601 0.02607 0.18290 0.34938 0.29330 0.17866 108,000,000
403 0.36670 0.18110 0.26664 0.03783 0.88374 0.86524 95,000,000
404 0.62610 0.29932 0.09210 0.29881 0.16297 0.27031 108,000,000
405 0.24739 0.71117 0.46098 0.04461 0.13696 0.92295 95,000,000
406 0.47802 0.45333 0.38323 0.83920 0.54442 0.21932 108,000,000
407 0.30201 0.37750 0.92356 0.69119 0.35983 0.56172 95,000,000
408 0.58906 0.58495 0.43222 0.31349 0.78659 0.77321 108,000,000
409 0.80724 0.76943 0.79362 0.58726 0.95419 0.28419 108,000,000
410 0.08115 0.26597 0.26155 0.90870 0.22786 0.21187 80,000,000
411 0.30157 0.51829 0.80619 0.43426 0.33967 0.74543 95,000,000
412 0.92520 0.10822 0.42207 0.67413 0.44704 0.02222 124,000,000
413 0.47462 0.06644 0.65123 0.69121 0.00588 0.71162 108,000,000
414 0.78608 0.18247 0.98009 0.08944 0.32917 0.25296 108,000,000
415 0.68573 0.04205 0.69266 0.95605 0.30735 0.84913 108,000,000
416 0.43426 0.76840 0.93917 0.40518 0.02609 0.83101 108,000,000
417 0.84938 0.48482 0.10498 0.73096 0.19997 0.16823 108,000,000
418 0.72578 0.27245 0.28090 0.39213 0.06413 0.08775 108,000,000
419 0.58997 0.53906 0.58955 0.13954 0.39365 0.78329 108,000,000
420 0.85416 0.67825 0.73384 0.04253 0.53752 0.70575 124,000,000
421 0.21102 0.40379 0.76672 0.92418 0.26999 0.40016 95,000,000
422 0.82623 0.78050 0.65696 0.90749 0.40889 0.40973 108,000,000
423 0.19650 0.29680 0.35102 0.43209 0.71437 0.71692 95,000,000
424 0.72671 0.03823 0.89693 0.01107 0.93718 0.59875 108,000,000
425 0.94177 0.56939 0.01876 0.69707 0.65932 0.52200 124,000,000
426 0.29414 0.14036 0.88457 0.96599 0.37692 0.98478 95,000,000
427 0.08076 0.88426 0.55175 0.28443 0.22100 0.04284 80,000,000
428 0.62474 0.10657 0.97190 0.59412 0.53391 0.53426 108,000,000
429 0.03938 0.31934 0.25521 0.11985 0.74878 0.38877 80,000,000
430 0.86711 0.10831 0.13104 0.53597 0.67067 0.32909 124,000,000
431 0.88188 0.77000 0.81995 0.53875 0.36065 0.03687 124,000,000
432 0.53042 0.46192 0.64098 0.89950 0.49749 0.28311 108,000,000
433 0.74585 0.83292 0.30956 0.46555 0.39942 0.70657 108,000,000
434 0.98130 0.25181 0.08597 0.41064 0.92125 0.60002 124,000,000
435 0.15160 0.88585 0.10423 0.71263 0.64255 0.98405 95,000,000
436 0.45341 0.84737 0.86895 0.78269 0.09510 0.77378 108,000,000
437 0.79658 0.66689 0.72648 0.22695 0.20945 0.19351 108,000,000
438 0.91496 0.68697 0.81390 0.36289 0.74271 0.36772 124,000,000
439 0.42374 0.42358 0.45101 0.91712 0.28133 0.44478 108,000,000
440 0.62108 0.64915 0.24761 0.29444 0.74000 0.36843 108,000,000
441 0.77447 0.16549 0.01127 0.26941 0.20675 0.24069 108,000,000
442 0.27214 0.72945 0.23905 0.50354 0.73880 0.57162 95,000,000
443 0.31400 0.93464 0.54559 0.55909 0.05876 0.34769 95,000,000
444 0.74894 0.11505 0.64636 0.90327 0.50669 0.34995 108,000,000
445 0.44480 0.62581 0.21945 0.84742 0.50879 0.38066 108,000,000
446 0.11698 0.96953 0.78736 0.66667 0.72142 0.80209 95,000,000
447 0.21709 0.36004 0.57812 0.96948 0.63089 0.65956 95,000,000
448 0.16167 0.35616 0.70738 0.12371 0.77685 0.64196 95,000,000
449 0.79580 0.36503 0.20007 0.14243 0.99109 0.69502 108,000,000
450 0.11869 0.02945 0.89866 0.30125 0.31270 0.57895 95,000,000
451 0.35253 0.46199 0.97126 0.31418 0.02692 0.36785 95,000,000
452 0.58039 0.69766 0.98681 0.00812 0.33509 0.06225 108,000,000
453 0.20097 0.39210 0.54492 0.68817 0.59749 0.55536 95,000,000
454 0.29771 0.78931 0.58774 0.96210 0.71460 0.64259 95,000,000
455 0.31914 0.08785 0.78168 0.81247 0.15984 0.79891 95,000,000
456 0.67477 0.01121 0.64704 0.87230 0.60859 0.39702 108,000,000
457 0.32453 0.98495 0.84195 0.95798 0.39598 0.16747 95,000,000
458 0.50637 0.32224 0.28293 0.14993 0.55496 0.63648 108,000,000
459 0.70834 0.97292 0.43118 0.15225 0.68915 0.91343 108,000,000
460 0.37550 0.14264 0.17765 0.56578 0.85775 0.19861 95,000,000
461 0.09518 0.92935 0.48459 0.64261 0.40429 0.80451 80,000,000
462 0.08284 0.95122 0.24295 0.38655 0.87542 0.20491 80,000,000
463 0.44075 0.05361 0.49146 0.22146 0.64360 0.20262 108,000,000
464 0.00328 0.28232 0.20159 0.97876 0.66867 0.29923 80,000,000
465 0.92480 0.81849 0.45195 0.13123 0.76959 0.44242 124,000,000
466 0.25507 0.05149 0.09256 0.40526 0.19740 0.45889 95,000,000
467 0.59796 0.06409 0.68029 0.70876 0.96894 0.13400 108,000,000
468 0.68600 0.17296 0.77696 0.27017 0.94447 0.67181 108,000,000
469 0.68928 0.10042 0.07721 0.06759 0.87204 0.05646 108,000,000
470 0.32504 0.16471 0.20821 0.17383 0.46521 0.86531 95,000,000
471 0.37331 0.78156 0.82592 0.25538 0.16531 0.17798 95,000,000
472 0.74721 0.23618 0.46720 0.62941 0.21268 0.86857 108,000,000
473 0.75749 0.52901 0.78709 0.59746 0.83245 0.08181 108,000,000
474 0.84559 0.59738 0.46268 0.39509 0.08061 0.10833 108,000,000
475 0.28058 0.95802 0.32721 0.01240 0.73720 0.65060 95,000,000
476 0.13338 0.34142 0.26479 0.76361 0.97903 0.94276 95,000,000
477 0.52169 0.65908 0.21181 0.92335 0.82539 0.23285 108,000,000
478 0.77285 0.44335 0.53239 0.12996 0.91893 0.22954 108,000,000
479 0.63185 0.97445 0.42061 0.00566 0.60616 0.93938 108,000,000
480 0.52987 0.63062 0.07621 0.47540 0.07097 0.98969 108,000,000
481 0.62873 0.96970 0.17357 0.12037 0.80685 0.05955 108,000,000
482 0.28877 0.01469 0.83148 0.70180 0.93835 0.07223 95,000,000
483 0.77823 0.94947 0.35430 0.05301 0.46163 0.15140 108,000,000
484 0.26812 0.36611 0.97751 0.93422 0.25350 0.72707 95,000,000
485 0.59131 0.89120 0.55508 0.47068 0.70337 0.37297 108,000,000
486 0.53893 0.32801 0.02555 0.29593 0.74523 0.28102 108,000,000
487 0.95935 0.62985 0.20986 0.43538 0.55631 0.97435 124,000,000
488 0.81314 0.72324 0.00517 0.96063 0.65864 0.56216 108,000,000
489 0.65320 0.21200 0.21442 0.10751 0.48131 0.13749 108,000,000
490 0.27420 0.66495 0.96581 0.30826 0.04579 0.89013 95,000,000
491 0.24144 0.76524 0.50171 0.59944 0.78525 0.67653 95,000,000
492 0.16138 0.79423 0.58624 0.09407 0.36027 0.74965 95,000,000
493 0.88458 0.11712 0.37191 0.39908 0.88538 0.88244 124,000,000
494 0.58505 0.50339 0.94162 0.53203 0.30422 0.98707 108,000,000
495 0.77297 0.15592 0.01971 0.42575 0.61400 0.07455 108,000,000
496 0.62777 0.30470 0.87040 0.76638 0.56220 0.08886 108,000,000
497 0.94992 0.82475 0.18377 0.75705 0.88427 0.95934 124,000,000
498 0.60975 0.97540 0.85922 0.05549 0.46747 0.69417 108,000,000
499 0.92464 0.17191 0.63863 0.60400 0.11082 0.15966 124,000,000
500 0.92515 0.88477 0.70940 0.62641 0.18053 0.79250 124,000,000
Question 3

IRR Distribution for Solar Powered Cell Phone Bat-


tery Project
140
IRR Distribution for Solar Powered Cell Phone Bat-
tery Project
140

120

100
Number of Observations

80

60

40

20

0
-50% -40% -30% -20% -10% 0% 10% 15% 20% 30% 40% 50% 60% 70% 80% 90% 100 200 300 400
to - to - to - to - to to to to to to to to to to to to % to % to % to % to
40% 30% 20% 10% 0% 10% 15% 20% 30% 40% 50% 60% 70% 80% 90% 100 200 300 400 500
% % % % %

IRR
The above graph IRR distribution shows that this distribution shifted to the right, which means it is a negatively
skewed distribution. The mode, which is the IRRs between 100%-200%, is the most frequent value that
appeared to be in the given set of data and the highest range of outcome. This implies that the IRR yields at
least twice the investment. Moreover, out of 500 iterations, 43 results yield a negative IRR, 40 results yield an
IRR less than 15%. Therefore, the simulation results show that projects will result in a high IRR that depends on
probabilities and assumptions that we will use.

Question 4
Cumulative Probability Distribution of IRR for Solar
Powered Cell Phone Battery Project
90%

80%

70%

60%
Probability of Equaling or Exceeding IRR

50%

40%

30%

20%

10%

0%
-50% -40% -30% -20% -10% 0% 10% 15% 20% 30% 40% 50% 60% 70% 80% 90% 100 200 300 400
to - to - to - to - to to to to to to to to to to to to % to % to % to % to
Probabi
20%

10%

0%
-50% -40% -30% -20% -10% 0% 10% 15% 20% 30% 40% 50% 60% 70% 80% 90% 100 200 300 400
to - to - to - to - to to to to to to to to to to to to % to % to % to % to
40% 30% 20% 10% 0% 10% 15% 20% 30% 40% 50% 60% 70% 80% 90% 100 200 300 400 500
% % % % %

IRR

The above chart of the cumulative probability distribution of the IRR shows that the distribution skewed to the
right, which means it is a negatively skewed distribution(mode>madien>mean). This implies a higher
probability of return. The cumulative probability distribution of IRR is mainly positive between 15%-200%.The
probability of IRR between 15%-20% peaks around 80%, which is the largest cumulative in this project. Then,
this probability will gradually decrease to about 30% as the IRR range reaches 100%-200%. Therefore, the
project has at least 80% of achieving 15-20% and only a 20% probability of obtaining less than this range.

Question 5
IRR Probability 85.800%
NPV Probability 97.20%

Question 6

Based on our results, yes, I would accept the project for several reasons. First, I get positive affirmations of profitabilities
whenever I alter the iterations. Second, the probability of positive NPVs is consistently above 80% which is considered
high(low risk of negative NPV). Third, both the IRR distribution and the cumulative distribution of IRR show significant skews
towards a higher IRR. All of the above are indications to accept the project. I believe it will be a successful and profitable
project.
Table 1
Dahlia Dahlia Price Variable Totsl
Market Units Per Initial Dollar Cost Variable Fixed
Share Sales Unit Investment Sales per Unit Costs Costs
1% 950,000 $49.50 $65,000,000 $47,025,000 $26 $24,700,000 $20,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $24 $51,840,000 $31,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $31,000,000
3% 2,850,000 $49.50 $60,000,000 $141,075,000 $26 $74,100,000 $20,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $26 $49,400,000 $24,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $24,000,000
4% 4,320,000 $56.00 $72,000,000 $241,920,000 $26 $112,320,000 $27,000,000
4% 3,800,000 $49.50 $60,000,000 $188,100,000 $26 $98,800,000 $27,000,000
3% 3,720,000 $60.00 $60,000,000 $223,200,000 $26 $96,720,000 $24,000,000
1% 1,240,000 $64.00 $60,000,000 $79,360,000 $26 $32,240,000 $24,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $29 $156,600,000 $27,000,000
3% 3,720,000 $64.00 $65,000,000 $238,080,000 $26 $96,720,000 $27,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $20,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $24 $91,200,000 $24,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $24 $45,600,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $24,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $26 $49,400,000 $27,000,000
4% 3,200,000 $38.00 $65,000,000 $121,600,000 $24 $76,800,000 $27,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $26 $123,500,000 $24,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $31,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $27,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $29 $62,640,000 $24,000,000
4% 4,320,000 $56.00 $60,000,000 $241,920,000 $26 $112,320,000 $27,000,000
5% 4,000,000 $38.00 $60,000,000 $152,000,000 $26 $104,000,000 $24,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $29 $62,640,000 $31,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $24,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $24 $114,000,000 $24,000,000
2% 1,600,000 $42.00 $60,000,000 $67,200,000 $26 $41,600,000 $20,000,000
4% 4,320,000 $52.00 $72,000,000 $224,640,000 $26 $112,320,000 $20,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $20,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
3% 3,240,000 $56.00 $72,000,000 $181,440,000 $24 $77,760,000 $31,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $29 $125,280,000 $27,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $31,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $27,000,000
6% 6,480,000 $56.00 $65,000,000 $362,880,000 $26 $168,480,000 $27,000,000
1% 950,000 $45.50 $65,000,000 $43,225,000 $26 $24,700,000 $31,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $29 $110,200,000 $27,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $24 $103,680,000 $24,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $20,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $24 $45,600,000 $27,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $27,000,000
5% 4,000,000 $38.00 $65,000,000 $152,000,000 $26 $104,000,000 $27,000,000
1% 1,240,000 $64.00 $65,000,000 $79,360,000 $24 $29,760,000 $27,000,000
5% 5,400,000 $52.00 $65,000,000 $280,800,000 $26 $140,400,000 $31,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $20,000,000
4% 3,200,000 $42.00 $60,000,000 $134,400,000 $26 $83,200,000 $27,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $24 $91,200,000 $24,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $24 $103,680,000 $31,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $20,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $29 $110,200,000 $24,000,000
3% 3,720,000 $64.00 $65,000,000 $238,080,000 $29 $107,880,000 $24,000,000
5% 4,750,000 $49.50 $60,000,000 $235,125,000 $26 $123,500,000 $24,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $24,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
2% 1,900,000 $45.50 $72,000,000 $86,450,000 $26 $49,400,000 $27,000,000
4% 4,960,000 $60.00 $65,000,000 $297,600,000 $29 $143,840,000 $20,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $26 $56,160,000 $24,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $20,000,000
3% 2,850,000 $45.50 $72,000,000 $129,675,000 $26 $74,100,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $24,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $24 $51,840,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $24 $103,680,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $24 $103,680,000 $31,000,000
5% 5,400,000 $56.00 $72,000,000 $302,400,000 $26 $140,400,000 $27,000,000
5% 5,400,000 $52.00 $65,000,000 $280,800,000 $26 $140,400,000 $27,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $27,000,000
5% 4,000,000 $42.00 $65,000,000 $168,000,000 $26 $104,000,000 $27,000,000
1% 800,000 $42.00 $65,000,000 $33,600,000 $26 $20,800,000 $27,000,000
5% 5,400,000 $52.00 $60,000,000 $280,800,000 $26 $140,400,000 $31,000,000
3% 3,240,000 $52.00 $60,000,000 $168,480,000 $26 $84,240,000 $24,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $26 $123,500,000 $20,000,000
5% 6,200,000 $64.00 $65,000,000 $396,800,000 $26 $161,200,000 $31,000,000
2% 1,900,000 $49.50 $60,000,000 $94,050,000 $24 $45,600,000 $27,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $26 $28,080,000 $24,000,000
2% 2,480,000 $64.00 $65,000,000 $158,720,000 $29 $71,920,000 $20,000,000
5% 6,200,000 $64.00 $65,000,000 $396,800,000 $26 $161,200,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $24,000,000
3% 3,720,000 $64.00 $60,000,000 $238,080,000 $24 $89,280,000 $24,000,000
3% 3,240,000 $52.00 $72,000,000 $168,480,000 $24 $77,760,000 $20,000,000
6% 5,700,000 $49.50 $65,000,000 $282,150,000 $24 $136,800,000 $27,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $29 $55,100,000 $27,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $29 $82,650,000 $31,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $27,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $29 $156,600,000 $31,000,000
4% 3,800,000 $45.50 $72,000,000 $172,900,000 $26 $98,800,000 $24,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $24,000,000
5% 5,400,000 $52.00 $72,000,000 $280,800,000 $29 $156,600,000 $31,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $26 $56,160,000 $27,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $26 $49,400,000 $24,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $31,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $26 $123,500,000 $27,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $24 $114,000,000 $24,000,000
2% 2,480,000 $64.00 $65,000,000 $158,720,000 $26 $64,480,000 $27,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $24 $77,760,000 $27,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $27,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $29 $125,280,000 $24,000,000
5% 5,400,000 $56.00 $60,000,000 $302,400,000 $26 $140,400,000 $27,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $26 $28,080,000 $31,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $26 $28,080,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $31,000,000
1% 800,000 $42.00 $65,000,000 $33,600,000 $26 $20,800,000 $31,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $24,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $24 $103,680,000 $27,000,000
5% 4,000,000 $38.00 $65,000,000 $152,000,000 $26 $104,000,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $24,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $29 $82,650,000 $27,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $27,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $26 $123,500,000 $24,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $29 $156,600,000 $27,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $24,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $26 $74,100,000 $27,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $24 $129,600,000 $20,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $24 $77,760,000 $24,000,000
5% 6,200,000 $60.00 $65,000,000 $372,000,000 $26 $161,200,000 $27,000,000
4% 4,960,000 $60.00 $60,000,000 $297,600,000 $26 $128,960,000 $24,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $27,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $24 $77,760,000 $27,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $24,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $24,000,000
4% 4,320,000 $56.00 $72,000,000 $241,920,000 $26 $112,320,000 $31,000,000
4% 4,960,000 $64.00 $72,000,000 $317,440,000 $29 $143,840,000 $27,000,000
4% 4,960,000 $64.00 $60,000,000 $317,440,000 $26 $128,960,000 $27,000,000
3% 3,720,000 $60.00 $65,000,000 $223,200,000 $26 $96,720,000 $20,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $26 $49,400,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $31,000,000
5% 4,750,000 $45.50 $60,000,000 $216,125,000 $24 $114,000,000 $31,000,000
1% 1,080,000 $56.00 $72,000,000 $60,480,000 $26 $28,080,000 $31,000,000
4% 4,960,000 $64.00 $65,000,000 $317,440,000 $24 $119,040,000 $27,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $29 $125,280,000 $24,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $27,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $26 $56,160,000 $24,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $24 $22,800,000 $24,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $26 $123,500,000 $24,000,000
5% 4,750,000 $45.50 $60,000,000 $216,125,000 $26 $123,500,000 $27,000,000
6% 5,700,000 $45.50 $65,000,000 $259,350,000 $26 $148,200,000 $31,000,000
1% 1,080,000 $52.00 $60,000,000 $56,160,000 $26 $28,080,000 $24,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $24,000,000
2% 1,600,000 $38.00 $60,000,000 $60,800,000 $26 $41,600,000 $24,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $24,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $29 $93,960,000 $31,000,000
3% 3,240,000 $52.00 $60,000,000 $168,480,000 $24 $77,760,000 $27,000,000
5% 6,200,000 $60.00 $65,000,000 $372,000,000 $26 $161,200,000 $27,000,000
1% 800,000 $42.00 $65,000,000 $33,600,000 $24 $19,200,000 $27,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $27,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $27,000,000
3% 3,720,000 $60.00 $60,000,000 $223,200,000 $24 $89,280,000 $27,000,000
2% 2,480,000 $64.00 $65,000,000 $158,720,000 $26 $64,480,000 $27,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $26 $56,160,000 $27,000,000
3% 2,850,000 $49.50 $72,000,000 $141,075,000 $26 $74,100,000 $20,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $24,000,000
4% 3,200,000 $42.00 $60,000,000 $134,400,000 $26 $83,200,000 $27,000,000
5% 5,400,000 $56.00 $60,000,000 $302,400,000 $29 $156,600,000 $31,000,000
2% 1,900,000 $45.50 $72,000,000 $86,450,000 $24 $45,600,000 $31,000,000
2% 1,600,000 $42.00 $60,000,000 $67,200,000 $29 $46,400,000 $31,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $29 $27,550,000 $31,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $27,000,000
3% 3,720,000 $60.00 $65,000,000 $223,200,000 $29 $107,880,000 $27,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $27,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $27,000,000
1% 1,080,000 $52.00 $65,000,000 $56,160,000 $26 $28,080,000 $27,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $31,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $27,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $29 $156,600,000 $31,000,000
3% 3,720,000 $60.00 $65,000,000 $223,200,000 $26 $96,720,000 $27,000,000
4% 3,200,000 $38.00 $65,000,000 $121,600,000 $26 $83,200,000 $27,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $27,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $29 $62,640,000 $24,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $27,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $29 $125,280,000 $24,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $26 $123,500,000 $24,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $24 $91,200,000 $27,000,000
2% 1,900,000 $49.50 $72,000,000 $94,050,000 $24 $45,600,000 $24,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $20,000,000
4% 3,200,000 $42.00 $65,000,000 $134,400,000 $26 $83,200,000 $27,000,000
1% 950,000 $49.50 $60,000,000 $47,025,000 $24 $22,800,000 $31,000,000
5% 5,400,000 $56.00 $72,000,000 $302,400,000 $26 $140,400,000 $24,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $24 $68,400,000 $31,000,000
4% 4,960,000 $64.00 $72,000,000 $317,440,000 $26 $128,960,000 $27,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $24,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $26 $74,100,000 $20,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $20,000,000
5% 5,400,000 $52.00 $65,000,000 $280,800,000 $26 $140,400,000 $24,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $24 $77,760,000 $27,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $29 $62,640,000 $31,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $29 $82,650,000 $31,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $29 $125,280,000 $24,000,000
5% 4,000,000 $38.00 $65,000,000 $152,000,000 $26 $104,000,000 $27,000,000
1% 1,240,000 $64.00 $65,000,000 $79,360,000 $26 $32,240,000 $27,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $27,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $29 $62,640,000 $24,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $20,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $29 $110,200,000 $31,000,000
5% 6,200,000 $64.00 $65,000,000 $396,800,000 $26 $161,200,000 $27,000,000
3% 3,720,000 $60.00 $65,000,000 $223,200,000 $26 $96,720,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $31,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $29 $62,640,000 $24,000,000
5% 4,000,000 $42.00 $60,000,000 $168,000,000 $26 $104,000,000 $20,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $24 $91,200,000 $24,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $29 $93,960,000 $24,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $29 $62,640,000 $24,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $26 $123,500,000 $24,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $24,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $24 $77,760,000 $31,000,000
1% 800,000 $42.00 $72,000,000 $33,600,000 $26 $20,800,000 $31,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $31,000,000
5% 6,200,000 $60.00 $65,000,000 $372,000,000 $24 $148,800,000 $20,000,000
4% 4,960,000 $64.00 $65,000,000 $317,440,000 $24 $119,040,000 $27,000,000
6% 6,480,000 $56.00 $65,000,000 $362,880,000 $26 $168,480,000 $24,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $29 $137,750,000 $31,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $27,000,000
4% 4,320,000 $56.00 $72,000,000 $241,920,000 $29 $125,280,000 $20,000,000
5% 6,200,000 $60.00 $60,000,000 $372,000,000 $26 $161,200,000 $31,000,000
4% 3,200,000 $42.00 $65,000,000 $134,400,000 $26 $83,200,000 $27,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $26 $28,080,000 $31,000,000
5% 4,000,000 $38.00 $60,000,000 $152,000,000 $24 $96,000,000 $24,000,000
2% 1,900,000 $49.50 $60,000,000 $94,050,000 $24 $45,600,000 $20,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $24,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $24 $77,760,000 $24,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $31,000,000
1% 1,080,000 $52.00 $60,000,000 $56,160,000 $26 $28,080,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $29 $125,280,000 $20,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $24,000,000
1% 800,000 $42.00 $65,000,000 $33,600,000 $26 $20,800,000 $27,000,000
5% 4,000,000 $38.00 $65,000,000 $152,000,000 $26 $104,000,000 $27,000,000
6% 4,800,000 $42.00 $65,000,000 $201,600,000 $24 $115,200,000 $27,000,000
1% 1,080,000 $52.00 $65,000,000 $56,160,000 $29 $31,320,000 $24,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $31,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $26 $49,400,000 $31,000,000
3% 2,850,000 $49.50 $60,000,000 $141,075,000 $26 $74,100,000 $27,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $29 $93,960,000 $27,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $29 $93,960,000 $27,000,000
4% 3,800,000 $49.50 $60,000,000 $188,100,000 $26 $98,800,000 $24,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $20,000,000
4% 4,960,000 $60.00 $65,000,000 $297,600,000 $29 $143,840,000 $24,000,000
3% 3,240,000 $56.00 $60,000,000 $181,440,000 $26 $84,240,000 $27,000,000
3% 2,400,000 $42.00 $65,000,000 $100,800,000 $26 $62,400,000 $20,000,000
1% 1,080,000 $52.00 $65,000,000 $56,160,000 $24 $25,920,000 $27,000,000
1% 800,000 $38.00 $65,000,000 $30,400,000 $24 $19,200,000 $24,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $29 $93,960,000 $24,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $29 $93,960,000 $31,000,000
4% 4,320,000 $56.00 $60,000,000 $241,920,000 $29 $125,280,000 $24,000,000
1% 1,240,000 $64.00 $65,000,000 $79,360,000 $26 $32,240,000 $27,000,000
4% 3,800,000 $49.50 $60,000,000 $188,100,000 $24 $91,200,000 $27,000,000
2% 1,900,000 $49.50 $72,000,000 $94,050,000 $26 $49,400,000 $27,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $24 $68,400,000 $27,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $29 $31,320,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $24 $103,680,000 $24,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $27,000,000
5% 5,400,000 $52.00 $60,000,000 $280,800,000 $26 $140,400,000 $27,000,000
3% 2,400,000 $38.00 $72,000,000 $91,200,000 $26 $62,400,000 $24,000,000
2% 1,600,000 $38.00 $65,000,000 $60,800,000 $26 $41,600,000 $24,000,000
4% 4,320,000 $52.00 $60,000,000 $224,640,000 $26 $112,320,000 $27,000,000
5% 4,750,000 $49.50 $60,000,000 $235,125,000 $26 $123,500,000 $24,000,000
3% 2,400,000 $42.00 $65,000,000 $100,800,000 $26 $62,400,000 $24,000,000
4% 3,200,000 $38.00 $65,000,000 $121,600,000 $26 $83,200,000 $20,000,000
3% 2,850,000 $49.50 $72,000,000 $141,075,000 $26 $74,100,000 $27,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $27,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $20,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $27,000,000
2% 1,900,000 $49.50 $60,000,000 $94,050,000 $26 $49,400,000 $24,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $29 $156,600,000 $27,000,000
5% 6,200,000 $60.00 $65,000,000 $372,000,000 $26 $161,200,000 $27,000,000
5% 5,400,000 $52.00 $60,000,000 $280,800,000 $26 $140,400,000 $27,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $24,000,000
1% 1,240,000 $60.00 $65,000,000 $74,400,000 $26 $32,240,000 $27,000,000
4% 3,200,000 $38.00 $65,000,000 $121,600,000 $24 $76,800,000 $27,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $26 $56,160,000 $27,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $26 $49,400,000 $27,000,000
5% 6,200,000 $60.00 $65,000,000 $372,000,000 $26 $161,200,000 $27,000,000
3% 2,400,000 $42.00 $72,000,000 $100,800,000 $26 $62,400,000 $20,000,000
6% 7,440,000 $64.00 $72,000,000 $476,160,000 $26 $193,440,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $29 $125,280,000 $20,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $24,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $24 $103,680,000 $31,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $24,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $26 $123,500,000 $27,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $24 $91,200,000 $24,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $27,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $29 $55,100,000 $27,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $20,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $27,000,000
4% 3,200,000 $42.00 $65,000,000 $134,400,000 $24 $76,800,000 $24,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $24 $51,840,000 $31,000,000
6% 6,480,000 $56.00 $60,000,000 $362,880,000 $26 $168,480,000 $27,000,000
4% 4,960,000 $60.00 $65,000,000 $297,600,000 $26 $128,960,000 $24,000,000
4% 3,800,000 $49.50 $60,000,000 $188,100,000 $26 $98,800,000 $20,000,000
4% 4,960,000 $60.00 $65,000,000 $297,600,000 $26 $128,960,000 $20,000,000
2% 2,480,000 $64.00 $65,000,000 $158,720,000 $26 $64,480,000 $24,000,000
5% 6,200,000 $60.00 $65,000,000 $372,000,000 $24 $148,800,000 $27,000,000
2% 2,160,000 $56.00 $72,000,000 $120,960,000 $26 $56,160,000 $20,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $26 $56,160,000 $27,000,000
4% 4,960,000 $64.00 $65,000,000 $317,440,000 $24 $119,040,000 $24,000,000
2% 1,600,000 $38.00 $65,000,000 $60,800,000 $26 $41,600,000 $27,000,000
5% 6,200,000 $64.00 $65,000,000 $396,800,000 $26 $161,200,000 $24,000,000
4% 3,200,000 $38.00 $65,000,000 $121,600,000 $24 $76,800,000 $24,000,000
3% 3,720,000 $60.00 $65,000,000 $223,200,000 $26 $96,720,000 $24,000,000
6% 6,480,000 $56.00 $65,000,000 $362,880,000 $26 $168,480,000 $27,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $24,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $31,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $31,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $26 $28,080,000 $31,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $31,000,000
1% 1,080,000 $52.00 $60,000,000 $56,160,000 $29 $31,320,000 $24,000,000
3% 2,400,000 $38.00 $65,000,000 $91,200,000 $29 $69,600,000 $20,000,000
2% 1,600,000 $38.00 $72,000,000 $60,800,000 $24 $38,400,000 $27,000,000
5% 4,000,000 $42.00 $60,000,000 $168,000,000 $26 $104,000,000 $24,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $24,000,000
3% 3,720,000 $60.00 $65,000,000 $223,200,000 $29 $107,880,000 $20,000,000
3% 3,240,000 $56.00 $72,000,000 $181,440,000 $26 $84,240,000 $31,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $29 $55,100,000 $24,000,000
2% 2,480,000 $60.00 $65,000,000 $148,800,000 $24 $59,520,000 $24,000,000
2% 1,600,000 $38.00 $65,000,000 $60,800,000 $26 $41,600,000 $31,000,000
1% 1,080,000 $52.00 $65,000,000 $56,160,000 $26 $28,080,000 $27,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $29 $110,200,000 $20,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $20,000,000
1% 1,080,000 $52.00 $65,000,000 $56,160,000 $26 $28,080,000 $27,000,000
5% 5,400,000 $56.00 $60,000,000 $302,400,000 $26 $140,400,000 $24,000,000
2% 2,480,000 $64.00 $65,000,000 $158,720,000 $26 $64,480,000 $20,000,000
5% 4,000,000 $38.00 $60,000,000 $152,000,000 $29 $116,000,000 $27,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $27,000,000
5% 5,400,000 $52.00 $72,000,000 $280,800,000 $26 $140,400,000 $24,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $27,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $24 $77,760,000 $27,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $26 $74,100,000 $31,000,000
4% 4,320,000 $52.00 $60,000,000 $224,640,000 $26 $112,320,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $31,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $24,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $27,000,000
4% 3,200,000 $42.00 $65,000,000 $134,400,000 $26 $83,200,000 $24,000,000
2% 2,480,000 $60.00 $65,000,000 $148,800,000 $24 $59,520,000 $27,000,000
4% 4,960,000 $64.00 $65,000,000 $317,440,000 $26 $128,960,000 $31,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $29 $82,650,000 $27,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $24 $114,000,000 $31,000,000
6% 6,480,000 $52.00 $65,000,000 $336,960,000 $24 $155,520,000 $24,000,000
5% 4,000,000 $38.00 $65,000,000 $152,000,000 $24 $96,000,000 $24,000,000
4% 4,960,000 $64.00 $72,000,000 $317,440,000 $26 $128,960,000 $24,000,000
4% 4,320,000 $56.00 $60,000,000 $241,920,000 $24 $103,680,000 $24,000,000
4% 3,200,000 $42.00 $65,000,000 $134,400,000 $29 $92,800,000 $31,000,000
4% 4,960,000 $64.00 $60,000,000 $317,440,000 $26 $128,960,000 $31,000,000
1% 1,080,000 $56.00 $60,000,000 $60,480,000 $26 $28,080,000 $20,000,000
1% 1,080,000 $52.00 $65,000,000 $56,160,000 $26 $28,080,000 $27,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $24 $22,800,000 $20,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $24 $129,600,000 $31,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $20,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $29 $125,280,000 $24,000,000
4% 3,200,000 $42.00 $65,000,000 $134,400,000 $26 $83,200,000 $20,000,000
3% 3,240,000 $56.00 $60,000,000 $181,440,000 $29 $93,960,000 $27,000,000
6% 7,440,000 $64.00 $65,000,000 $476,160,000 $26 $193,440,000 $31,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $26 $56,160,000 $31,000,000
5% 5,400,000 $52.00 $65,000,000 $280,800,000 $26 $140,400,000 $27,000,000
1% 1,080,000 $52.00 $72,000,000 $56,160,000 $26 $28,080,000 $24,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $24 $68,400,000 $31,000,000
2% 1,600,000 $42.00 $65,000,000 $67,200,000 $26 $41,600,000 $24,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $20,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $29 $137,750,000 $31,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $24,000,000
1% 800,000 $42.00 $65,000,000 $33,600,000 $26 $20,800,000 $31,000,000
4% 4,960,000 $60.00 $60,000,000 $297,600,000 $26 $128,960,000 $31,000,000
3% 2,850,000 $45.50 $60,000,000 $129,675,000 $24 $68,400,000 $20,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
3% 3,720,000 $64.00 $65,000,000 $238,080,000 $26 $96,720,000 $31,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $29 $125,280,000 $27,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $24 $22,800,000 $24,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $20,000,000
4% 4,960,000 $64.00 $65,000,000 $317,440,000 $26 $128,960,000 $24,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $27,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $24 $51,840,000 $20,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $29 $62,640,000 $27,000,000
6% 7,440,000 $64.00 $65,000,000 $476,160,000 $26 $193,440,000 $20,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $26 $49,400,000 $27,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $27,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $26 $123,500,000 $31,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $29 $62,640,000 $24,000,000
5% 5,400,000 $52.00 $65,000,000 $280,800,000 $26 $140,400,000 $24,000,000
1% 1,080,000 $56.00 $60,000,000 $60,480,000 $26 $28,080,000 $27,000,000
6% 4,800,000 $42.00 $65,000,000 $201,600,000 $26 $124,800,000 $27,000,000
5% 5,400,000 $56.00 $60,000,000 $302,400,000 $26 $140,400,000 $27,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $26 $74,100,000 $24,000,000
3% 2,400,000 $42.00 $60,000,000 $100,800,000 $26 $62,400,000 $20,000,000
3% 2,400,000 $38.00 $65,000,000 $91,200,000 $26 $62,400,000 $27,000,000
4% 4,320,000 $56.00 $72,000,000 $241,920,000 $29 $125,280,000 $27,000,000
5% 4,000,000 $38.00 $65,000,000 $152,000,000 $24 $96,000,000 $20,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $29 $62,640,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $24,000,000
2% 2,160,000 $52.00 $60,000,000 $112,320,000 $26 $56,160,000 $27,000,000
2% 2,160,000 $52.00 $72,000,000 $112,320,000 $26 $56,160,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
2% 1,900,000 $49.50 $65,000,000 $94,050,000 $24 $45,600,000 $31,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $27,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $24,000,000
4% 3,800,000 $45.50 $60,000,000 $172,900,000 $29 $110,200,000 $27,000,000
5% 4,750,000 $49.50 $60,000,000 $235,125,000 $26 $123,500,000 $27,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $27,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $26 $24,700,000 $24,000,000
4% 3,200,000 $38.00 $65,000,000 $121,600,000 $26 $83,200,000 $24,000,000
4% 3,200,000 $42.00 $65,000,000 $134,400,000 $26 $83,200,000 $27,000,000
1% 1,080,000 $52.00 $65,000,000 $56,160,000 $26 $28,080,000 $24,000,000
2% 1,900,000 $45.50 $60,000,000 $86,450,000 $29 $55,100,000 $31,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $24 $51,840,000 $24,000,000
4% 3,800,000 $49.50 $60,000,000 $188,100,000 $24 $91,200,000 $31,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $24,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $27,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $29 $156,600,000 $24,000,000
2% 1,600,000 $38.00 $72,000,000 $60,800,000 $26 $41,600,000 $24,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $26 $98,800,000 $27,000,000
2% 2,480,000 $64.00 $65,000,000 $158,720,000 $26 $64,480,000 $20,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $24 $25,920,000 $27,000,000
2% 2,160,000 $56.00 $60,000,000 $120,960,000 $26 $56,160,000 $24,000,000
1% 1,080,000 $56.00 $72,000,000 $60,480,000 $26 $28,080,000 $31,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $24 $129,600,000 $31,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $24 $77,760,000 $24,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $24 $51,840,000 $20,000,000
4% 4,320,000 $56.00 $60,000,000 $241,920,000 $26 $112,320,000 $27,000,000
4% 4,960,000 $64.00 $60,000,000 $317,440,000 $26 $128,960,000 $27,000,000
3% 2,850,000 $49.50 $72,000,000 $141,075,000 $26 $74,100,000 $27,000,000
5% 5,400,000 $56.00 $72,000,000 $302,400,000 $26 $140,400,000 $27,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $26 $49,400,000 $27,000,000
1% 1,080,000 $56.00 $60,000,000 $60,480,000 $29 $31,320,000 $27,000,000
4% 4,960,000 $60.00 $65,000,000 $297,600,000 $26 $128,960,000 $27,000,000
2% 1,900,000 $49.50 $72,000,000 $94,050,000 $26 $49,400,000 $31,000,000
5% 4,000,000 $42.00 $65,000,000 $168,000,000 $26 $104,000,000 $20,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $27,000,000
3% 2,400,000 $38.00 $60,000,000 $91,200,000 $26 $62,400,000 $24,000,000
2% 2,480,000 $60.00 $65,000,000 $148,800,000 $26 $64,480,000 $24,000,000
5% 6,200,000 $64.00 $65,000,000 $396,800,000 $26 $161,200,000 $20,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $24,000,000
5% 5,400,000 $52.00 $65,000,000 $280,800,000 $26 $140,400,000 $27,000,000
2% 2,480,000 $60.00 $65,000,000 $148,800,000 $29 $71,920,000 $27,000,000
5% 4,750,000 $45.50 $65,000,000 $216,125,000 $26 $123,500,000 $31,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $24 $129,600,000 $27,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $24,000,000
4% 4,960,000 $64.00 $65,000,000 $317,440,000 $26 $128,960,000 $24,000,000
3% 3,240,000 $56.00 $72,000,000 $181,440,000 $26 $84,240,000 $27,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $24,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $26 $56,160,000 $24,000,000
4% 3,800,000 $45.50 $65,000,000 $172,900,000 $26 $98,800,000 $27,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $24 $114,000,000 $24,000,000
2% 2,160,000 $56.00 $72,000,000 $120,960,000 $26 $56,160,000 $24,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $26 $112,320,000 $24,000,000
6% 5,700,000 $49.50 $65,000,000 $282,150,000 $26 $148,200,000 $31,000,000
3% 2,850,000 $49.50 $72,000,000 $141,075,000 $26 $74,100,000 $27,000,000
3% 2,850,000 $49.50 $60,000,000 $141,075,000 $26 $74,100,000 $27,000,000
3% 3,240,000 $52.00 $60,000,000 $168,480,000 $29 $93,960,000 $27,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $26 $24,700,000 $27,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $24 $68,400,000 $24,000,000
4% 4,320,000 $56.00 $60,000,000 $241,920,000 $26 $112,320,000 $20,000,000
3% 2,850,000 $49.50 $65,000,000 $141,075,000 $26 $74,100,000 $27,000,000
5% 4,750,000 $49.50 $72,000,000 $235,125,000 $26 $123,500,000 $27,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $24 $22,800,000 $27,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $26 $28,080,000 $24,000,000
6% 5,700,000 $49.50 $72,000,000 $282,150,000 $26 $148,200,000 $24,000,000
3% 3,240,000 $52.00 $60,000,000 $168,480,000 $26 $84,240,000 $27,000,000
6% 6,480,000 $56.00 $60,000,000 $362,880,000 $26 $168,480,000 $31,000,000
2% 1,900,000 $45.50 $65,000,000 $86,450,000 $29 $55,100,000 $24,000,000
5% 4,000,000 $42.00 $65,000,000 $168,000,000 $26 $104,000,000 $31,000,000
6% 4,800,000 $38.00 $65,000,000 $182,400,000 $29 $139,200,000 $24,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $26 $28,080,000 $24,000,000
2% 1,600,000 $38.00 $72,000,000 $60,800,000 $26 $41,600,000 $24,000,000
5% 6,200,000 $64.00 $60,000,000 $396,800,000 $26 $161,200,000 $27,000,000
1% 950,000 $45.50 $65,000,000 $43,225,000 $24 $22,800,000 $27,000,000
1% 1,080,000 $56.00 $65,000,000 $60,480,000 $29 $31,320,000 $20,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $29 $62,640,000 $27,000,000
2% 2,160,000 $52.00 $60,000,000 $112,320,000 $29 $62,640,000 $20,000,000
2% 1,900,000 $45.50 $60,000,000 $86,450,000 $26 $49,400,000 $31,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $24 $114,000,000 $24,000,000
2% 2,160,000 $56.00 $65,000,000 $120,960,000 $26 $56,160,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $20,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $24 $103,680,000 $20,000,000
6% 5,700,000 $45.50 $60,000,000 $259,350,000 $26 $148,200,000 $27,000,000
3% 2,850,000 $45.50 $65,000,000 $129,675,000 $29 $82,650,000 $31,000,000
4% 4,320,000 $52.00 $72,000,000 $224,640,000 $26 $112,320,000 $24,000,000
3% 3,240,000 $56.00 $60,000,000 $181,440,000 $29 $93,960,000 $24,000,000
6% 6,480,000 $56.00 $60,000,000 $362,880,000 $26 $168,480,000 $31,000,000
4% 4,320,000 $52.00 $65,000,000 $224,640,000 $24 $103,680,000 $31,000,000
6% 6,480,000 $52.00 $60,000,000 $336,960,000 $26 $168,480,000 $20,000,000
1% 950,000 $49.50 $65,000,000 $47,025,000 $29 $27,550,000 $20,000,000
5% 5,400,000 $52.00 $60,000,000 $280,800,000 $26 $140,400,000 $24,000,000
3% 2,850,000 $49.50 $72,000,000 $141,075,000 $26 $74,100,000 $27,000,000
5% 5,400,000 $56.00 $65,000,000 $302,400,000 $26 $140,400,000 $24,000,000
3% 3,240,000 $52.00 $65,000,000 $168,480,000 $26 $84,240,000 $24,000,000
4% 4,960,000 $60.00 $65,000,000 $297,600,000 $26 $128,960,000 $31,000,000
4% 4,320,000 $52.00 $72,000,000 $224,640,000 $26 $112,320,000 $27,000,000
2% 2,160,000 $52.00 $60,000,000 $112,320,000 $26 $56,160,000 $20,000,000
4% 3,800,000 $49.50 $65,000,000 $188,100,000 $24 $91,200,000 $31,000,000
5% 4,750,000 $49.50 $65,000,000 $235,125,000 $26 $123,500,000 $27,000,000
5% 4,750,000 $49.50 $60,000,000 $235,125,000 $26 $123,500,000 $27,000,000
2% 2,480,000 $60.00 $65,000,000 $148,800,000 $29 $71,920,000 $31,000,000
4% 4,320,000 $56.00 $65,000,000 $241,920,000 $26 $112,320,000 $31,000,000
2% 2,160,000 $52.00 $65,000,000 $112,320,000 $26 $56,160,000 $20,000,000
3% 3,240,000 $56.00 $65,000,000 $181,440,000 $26 $84,240,000 $20,000,000
5% 6,200,000 $60.00 $65,000,000 $372,000,000 $29 $179,800,000 $31,000,000
6% 6,480,000 $56.00 $60,000,000 $362,880,000 $26 $168,480,000 $27,000,000
2% 2,480,000 $64.00 $65,000,000 $158,720,000 $24 $59,520,000 $24,000,000
5% 6,200,000 $64.00 $65,000,000 $396,800,000 $24 $148,800,000 $27,000,000
Question 2

Initial
Depreciation EBT Taxes Net income Investment OCF
$10,833,333 ($8,508,333) ($2,892,833) ($5,615,500) ($65,000,000) $5,217,833
$10,000,000 $28,120,000 $9,560,800 $18,559,200 ($60,000,000) $28,559,200
$10,833,333 $22,966,667 $7,808,667 $15,158,000 ($65,000,000) $25,991,333
$10,000,000 $36,975,000 $12,571,500 $24,403,500 ($60,000,000) $34,403,500
$10,833,333 $2,216,667 $753,667 $1,463,000 ($65,000,000) $12,296,333
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$12,000,000 $90,600,000 $30,804,000 $59,796,000 ($72,000,000) $71,796,000
$10,000,000 $52,300,000 $17,782,000 $34,518,000 ($60,000,000) $44,518,000
$10,000,000 $92,480,000 $31,443,200 $61,036,800 ($60,000,000) $71,036,800
$10,000,000 $13,120,000 $4,460,800 $8,659,200 ($60,000,000) $18,659,200
$10,833,333 $107,966,667 $36,708,667 $71,258,000 ($65,000,000) $82,091,333
$10,833,333 $103,526,667 $35,199,067 $68,327,600 ($65,000,000) $79,160,933
$10,833,333 $13,816,667 $4,697,667 $9,119,000 ($65,000,000) $19,952,333
$10,833,333 $62,066,667 $21,102,667 $40,964,000 ($65,000,000) $51,797,333
$10,833,333 $10,616,667 $3,609,667 $7,007,000 ($65,000,000) $17,840,333
$10,833,333 $94,766,667 $32,220,667 $62,546,000 ($65,000,000) $73,379,333
$10,833,333 ($783,333) ($266,333) ($517,000) ($65,000,000) $10,316,333
$10,833,333 $6,966,667 $2,368,667 $4,598,000 ($65,000,000) $15,431,333
$10,833,333 $76,791,667 $26,109,167 $50,682,500 ($65,000,000) $61,515,833
$10,833,333 $25,141,667 $8,548,167 $16,593,500 ($65,000,000) $27,426,833
$10,833,333 $124,166,667 $42,216,667 $81,950,000 ($65,000,000) $92,783,333
$10,833,333 $23,486,667 $7,985,467 $15,501,200 ($65,000,000) $26,334,533
$10,000,000 $92,600,000 $31,484,000 $61,116,000 ($60,000,000) $71,116,000
$10,000,000 $14,000,000 $4,760,000 $9,240,000 ($60,000,000) $19,240,000
$10,000,000 $17,320,000 $5,888,800 $11,431,200 ($60,000,000) $21,431,200
$10,833,333 $54,466,667 $18,518,667 $35,948,000 ($65,000,000) $46,781,333
$10,833,333 $67,291,667 $22,879,167 $44,412,500 ($65,000,000) $55,245,833
$10,000,000 ($4,400,000) ($1,496,000) ($2,904,000) ($60,000,000) $7,096,000
$12,000,000 $80,320,000 $27,308,800 $53,011,200 ($72,000,000) $65,011,200
$10,833,333 $66,366,667 $22,564,667 $43,802,000 ($65,000,000) $54,635,333
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$12,000,000 $60,680,000 $20,631,200 $40,048,800 ($72,000,000) $52,048,800
$10,833,333 $61,526,667 $20,919,067 $40,607,600 ($65,000,000) $51,440,933
$10,833,333 $47,466,667 $16,138,667 $31,328,000 ($65,000,000) $42,161,333
$10,833,333 $46,406,667 $15,778,267 $30,628,400 ($65,000,000) $41,461,733
$10,833,333 $156,566,667 $53,232,667 $103,334,000 ($65,000,000) $114,167,333
$10,833,333 ($23,308,333) ($7,924,833) ($15,383,500) ($65,000,000) ($4,550,167)
$10,833,333 $40,066,667 $13,622,667 $26,444,000 ($65,000,000) $37,277,333
$10,833,333 $59,366,667 $20,184,667 $39,182,000 ($65,000,000) $50,015,333
$10,833,333 $103,406,667 $35,158,267 $68,248,400 ($65,000,000) $79,081,733
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$10,833,333 $13,816,667 $4,697,667 $9,119,000 ($65,000,000) $19,952,333
$10,833,333 $10,616,667 $3,609,667 $7,007,000 ($65,000,000) $17,840,333
$10,833,333 $36,266,667 $12,330,667 $23,936,000 ($65,000,000) $34,769,333
$10,833,333 $10,166,667 $3,456,667 $6,710,000 ($65,000,000) $17,543,333
$10,833,333 $11,766,667 $4,000,667 $7,766,000 ($65,000,000) $18,599,333
$10,833,333 $98,566,667 $33,512,667 $65,054,000 ($65,000,000) $75,887,333
$10,833,333 $33,966,667 $11,548,667 $22,418,000 ($65,000,000) $33,251,333
$10,000,000 $14,200,000 $4,828,000 $9,372,000 ($60,000,000) $19,372,000
$10,833,333 $62,066,667 $21,102,667 $40,964,000 ($65,000,000) $51,797,333
$10,833,333 $96,406,667 $32,778,267 $63,628,400 ($65,000,000) $74,461,733
$10,833,333 $36,141,667 $12,288,167 $23,853,500 ($65,000,000) $34,686,833
$10,833,333 $27,866,667 $9,474,667 $18,392,000 ($65,000,000) $29,225,333
$10,833,333 $95,366,667 $32,424,667 $62,942,000 ($65,000,000) $73,775,333
$10,000,000 $77,625,000 $26,392,500 $51,232,500 ($60,000,000) $61,232,500
$10,833,333 $127,166,667 $43,236,667 $83,930,000 ($65,000,000) $94,763,333
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$12,000,000 ($1,950,000) ($663,000) ($1,287,000) ($72,000,000) $10,713,000
$10,833,333 $122,926,667 $41,795,067 $81,131,600 ($65,000,000) $91,964,933
$10,833,333 $21,326,667 $7,251,067 $14,075,600 ($65,000,000) $24,908,933
$10,833,333 $36,141,667 $12,288,167 $23,853,500 ($65,000,000) $34,686,833
$12,000,000 $16,575,000 $5,635,500 $10,939,500 ($72,000,000) $22,939,500
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$10,833,333 $54,466,667 $18,518,667 $35,948,000 ($65,000,000) $46,781,333
$10,833,333 $31,286,667 $10,637,467 $20,649,200 ($65,000,000) $31,482,533
$10,833,333 $96,406,667 $32,778,267 $63,628,400 ($65,000,000) $74,461,733
$10,833,333 $96,406,667 $32,778,267 $63,628,400 ($65,000,000) $74,461,733
$12,000,000 $123,000,000 $41,820,000 $81,180,000 ($72,000,000) $93,180,000
$10,833,333 $102,566,667 $34,872,667 $67,694,000 ($65,000,000) $78,527,333
$10,833,333 $51,466,667 $17,498,667 $33,968,000 ($65,000,000) $44,801,333
$10,833,333 $26,166,667 $8,896,667 $17,270,000 ($65,000,000) $28,103,333
$10,833,333 ($25,033,333) ($8,511,333) ($16,522,000) ($65,000,000) ($5,688,667)
$10,000,000 $99,400,000 $33,796,000 $65,604,000 ($60,000,000) $75,604,000
$10,000,000 $50,240,000 $17,081,600 $33,158,400 ($60,000,000) $43,158,400
$10,833,333 $80,791,667 $27,469,167 $53,322,500 ($65,000,000) $64,155,833
$10,833,333 $193,766,667 $65,880,667 $127,886,000 ($65,000,000) $138,719,333
$10,000,000 $11,450,000 $3,893,000 $7,557,000 ($60,000,000) $17,557,000
$10,833,333 ($2,433,333) ($827,333) ($1,606,000) ($65,000,000) $9,227,333
$10,833,333 $55,966,667 $19,028,667 $36,938,000 ($65,000,000) $47,771,333
$10,833,333 $193,766,667 $65,880,667 $127,886,000 ($65,000,000) $138,719,333
$10,833,333 $94,766,667 $32,220,667 $62,546,000 ($65,000,000) $73,379,333
$10,000,000 $114,800,000 $39,032,000 $75,768,000 ($60,000,000) $85,768,000
$12,000,000 $58,720,000 $19,964,800 $38,755,200 ($72,000,000) $50,755,200
$10,833,333 $107,516,667 $36,555,667 $70,961,000 ($65,000,000) $81,794,333
$10,833,333 $1,116,667 $379,667 $737,000 ($65,000,000) $11,570,333
$10,833,333 $16,591,667 $5,641,167 $10,950,500 ($65,000,000) $21,783,833
$10,833,333 $124,166,667 $42,216,667 $81,950,000 ($65,000,000) $92,783,333
$10,833,333 $103,966,667 $35,348,667 $68,618,000 ($65,000,000) $79,451,333
$12,000,000 $38,100,000 $12,954,000 $25,146,000 ($72,000,000) $37,146,000
$10,833,333 $49,406,667 $16,798,267 $32,608,400 ($65,000,000) $43,441,733
$12,000,000 $81,200,000 $27,608,000 $53,592,000 ($72,000,000) $65,592,000
$10,000,000 $27,800,000 $9,452,000 $18,348,000 ($60,000,000) $28,348,000
$10,833,333 $2,216,667 $753,667 $1,463,000 ($65,000,000) $12,296,333
$10,833,333 $120,166,667 $40,856,667 $79,310,000 ($65,000,000) $90,143,333
$10,833,333 $54,791,667 $18,629,167 $36,162,500 ($65,000,000) $46,995,833
$10,833,333 $86,291,667 $29,339,167 $56,952,500 ($65,000,000) $67,785,833
$10,833,333 $56,406,667 $19,178,267 $37,228,400 ($65,000,000) $48,061,733
$10,833,333 $52,886,667 $17,981,467 $34,905,200 ($65,000,000) $45,738,533
$10,833,333 $26,966,667 $9,168,667 $17,798,000 ($65,000,000) $28,631,333
$10,833,333 $64,526,667 $21,939,067 $42,587,600 ($65,000,000) $53,420,933
$10,000,000 $125,000,000 $42,500,000 $82,500,000 ($60,000,000) $92,500,000
$10,833,333 ($9,433,333) ($3,207,333) ($6,226,000) ($65,000,000) $4,607,333
$10,833,333 ($9,433,333) ($3,207,333) ($6,226,000) ($65,000,000) $4,607,333
$10,833,333 $87,766,667 $29,840,667 $57,926,000 ($65,000,000) $68,759,333
$10,833,333 ($29,033,333) ($9,871,333) ($19,162,000) ($65,000,000) ($8,328,667)
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$10,833,333 $83,126,667 $28,263,067 $54,863,600 ($65,000,000) $65,696,933
$10,833,333 $10,166,667 $3,456,667 $6,710,000 ($65,000,000) $17,543,333
$10,833,333 $94,766,667 $32,220,667 $62,546,000 ($65,000,000) $73,379,333
$10,833,333 $9,191,667 $3,125,167 $6,066,500 ($65,000,000) $16,899,833
$10,833,333 $6,816,667 $2,317,667 $4,499,000 ($65,000,000) $15,332,333
$10,833,333 $57,791,667 $19,649,167 $38,142,500 ($65,000,000) $48,975,833
$10,833,333 $107,966,667 $36,708,667 $71,258,000 ($65,000,000) $82,091,333
$10,833,333 $39,266,667 $13,350,667 $25,916,000 ($65,000,000) $36,749,333
$10,833,333 $17,741,667 $6,032,167 $11,709,500 ($65,000,000) $22,542,833
$10,833,333 $141,966,667 $48,268,667 $93,698,000 ($65,000,000) $104,531,333
$10,833,333 $68,846,667 $23,407,867 $45,438,800 ($65,000,000) $56,272,133
$10,833,333 $172,966,667 $58,808,667 $114,158,000 ($65,000,000) $124,991,333
$10,000,000 $134,640,000 $45,777,600 $88,862,400 ($60,000,000) $98,862,400
$10,833,333 $36,266,667 $12,330,667 $23,936,000 ($65,000,000) $34,769,333
$10,833,333 $52,886,667 $17,981,467 $34,905,200 ($65,000,000) $45,738,533
$10,833,333 $62,366,667 $21,204,667 $41,162,000 ($65,000,000) $51,995,333
$10,833,333 $54,466,667 $18,518,667 $35,948,000 ($65,000,000) $46,781,333
$12,000,000 $86,600,000 $29,444,000 $57,156,000 ($72,000,000) $69,156,000
$12,000,000 $134,600,000 $45,764,000 $88,836,000 ($72,000,000) $100,836,000
$10,000,000 $151,480,000 $51,503,200 $99,976,800 ($60,000,000) $109,976,800
$10,833,333 $95,646,667 $32,519,867 $63,126,800 ($65,000,000) $73,960,133
$10,833,333 ($783,333) ($266,333) ($517,000) ($65,000,000) $10,316,333
$10,833,333 $87,766,667 $29,840,667 $57,926,000 ($65,000,000) $68,759,333
$10,000,000 $61,125,000 $20,782,500 $40,342,500 ($60,000,000) $50,342,500
$12,000,000 ($10,600,000) ($3,604,000) ($6,996,000) ($72,000,000) $5,004,000
$10,833,333 $160,566,667 $54,592,667 $105,974,000 ($65,000,000) $116,807,333
$10,833,333 $64,526,667 $21,939,067 $42,587,600 ($65,000,000) $53,420,933
$10,833,333 $26,966,667 $9,168,667 $17,798,000 ($65,000,000) $28,631,333
$10,000,000 $30,800,000 $10,472,000 $20,328,000 ($60,000,000) $30,328,000
$10,833,333 ($10,608,333) ($3,606,833) ($7,001,500) ($65,000,000) $3,831,833
$10,833,333 $57,791,667 $19,649,167 $38,142,500 ($65,000,000) $48,975,833
$10,000,000 $55,625,000 $18,912,500 $36,712,500 ($60,000,000) $46,712,500
$10,833,333 $69,316,667 $23,567,667 $45,749,000 ($65,000,000) $56,582,333
$10,000,000 ($5,920,000) ($2,012,800) ($3,907,200) ($60,000,000) $6,092,800
$10,833,333 $9,816,667 $3,337,667 $6,479,000 ($65,000,000) $17,312,333
$10,000,000 ($14,800,000) ($5,032,000) ($9,768,000) ($60,000,000) $232,000
$10,833,333 $62,366,667 $21,204,667 $41,162,000 ($65,000,000) $51,995,333
$10,833,333 $45,646,667 $15,519,867 $30,126,800 ($65,000,000) $40,960,133
$10,000,000 $53,720,000 $18,264,800 $35,455,200 ($60,000,000) $45,455,200
$10,833,333 $172,966,667 $58,808,667 $114,158,000 ($65,000,000) $124,991,333
$10,833,333 ($23,433,333) ($7,967,333) ($15,466,000) ($65,000,000) ($4,632,667)
$10,833,333 $29,141,667 $9,908,167 $19,233,500 ($65,000,000) $30,066,833
$10,833,333 $29,141,667 $9,908,167 $19,233,500 ($65,000,000) $30,066,833
$10,000,000 $96,920,000 $32,952,800 $63,967,200 ($60,000,000) $73,967,200
$10,833,333 $56,406,667 $19,178,267 $37,228,400 ($65,000,000) $48,061,733
$10,000,000 $27,800,000 $9,452,000 $18,348,000 ($60,000,000) $28,348,000
$12,000,000 $34,975,000 $11,891,500 $23,083,500 ($72,000,000) $35,083,500
$10,833,333 $49,406,667 $16,798,267 $32,608,400 ($65,000,000) $43,441,733
$10,000,000 $14,200,000 $4,828,000 $9,372,000 ($60,000,000) $19,372,000
$10,000,000 $104,800,000 $35,632,000 $69,168,000 ($60,000,000) $79,168,000
$12,000,000 ($2,150,000) ($731,000) ($1,419,000) ($72,000,000) $10,581,000
$10,000,000 ($20,200,000) ($6,868,000) ($13,332,000) ($60,000,000) ($3,332,000)
$10,833,333 ($22,358,333) ($7,601,833) ($14,756,500) ($65,000,000) ($3,923,167)
$10,833,333 $59,366,667 $20,184,667 $39,182,000 ($65,000,000) $50,015,333
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$10,833,333 $36,266,667 $12,330,667 $23,936,000 ($65,000,000) $34,769,333
$10,833,333 $29,141,667 $9,908,167 $19,233,500 ($65,000,000) $30,066,833
$10,833,333 ($9,753,333) ($3,316,133) ($6,437,200) ($65,000,000) $4,396,133
$10,833,333 $25,141,667 $8,548,167 $16,593,500 ($65,000,000) $27,426,833
$10,833,333 $59,366,667 $20,184,667 $39,182,000 ($65,000,000) $50,015,333
$10,833,333 $103,966,667 $35,348,667 $68,618,000 ($65,000,000) $79,451,333
$10,833,333 $88,646,667 $30,139,867 $58,506,800 ($65,000,000) $69,340,133
$10,833,333 $566,667 $192,667 $374,000 ($65,000,000) $11,207,333
$10,833,333 $51,466,667 $17,498,667 $33,968,000 ($65,000,000) $44,801,333
$10,000,000 $24,320,000 $8,268,800 $16,051,200 ($60,000,000) $26,051,200
$10,833,333 $6,816,667 $2,317,667 $4,499,000 ($65,000,000) $15,332,333
$10,833,333 $64,526,667 $21,939,067 $42,587,600 ($65,000,000) $53,420,933
$10,833,333 $76,791,667 $26,109,167 $50,682,500 ($65,000,000) $61,515,833
$10,833,333 $43,866,667 $14,914,667 $28,952,000 ($65,000,000) $39,785,333
$12,000,000 $12,450,000 $4,233,000 $8,217,000 ($72,000,000) $20,217,000
$10,833,333 $66,366,667 $22,564,667 $43,802,000 ($65,000,000) $54,635,333
$10,833,333 $13,366,667 $4,544,667 $8,822,000 ($65,000,000) $19,655,333
$10,000,000 ($16,775,000) ($5,703,500) ($11,071,500) ($60,000,000) ($1,071,500)
$12,000,000 $126,000,000 $42,840,000 $83,160,000 ($72,000,000) $95,160,000
$10,833,333 $19,441,667 $6,610,167 $12,831,500 ($65,000,000) $23,664,833
$12,000,000 $149,480,000 $50,823,200 $98,656,800 ($72,000,000) $110,656,800
$10,833,333 $127,166,667 $43,236,667 $83,930,000 ($65,000,000) $94,763,333
$10,833,333 $24,741,667 $8,412,167 $16,329,500 ($65,000,000) $27,162,833
$10,833,333 $53,406,667 $18,158,267 $35,248,400 ($65,000,000) $46,081,733
$10,833,333 $105,566,667 $35,892,667 $69,674,000 ($65,000,000) $80,507,333
$10,833,333 $52,886,667 $17,981,467 $34,905,200 ($65,000,000) $45,738,533
$10,833,333 $7,846,667 $2,667,867 $5,178,800 ($65,000,000) $16,012,133
$10,833,333 $5,191,667 $1,765,167 $3,426,500 ($65,000,000) $14,259,833
$10,833,333 $64,526,667 $21,939,067 $42,587,600 ($65,000,000) $53,420,933
$10,833,333 $10,166,667 $3,456,667 $6,710,000 ($65,000,000) $17,543,333
$10,833,333 $9,286,667 $3,157,467 $6,129,200 ($65,000,000) $16,962,533
$10,833,333 $46,406,667 $15,778,267 $30,628,400 ($65,000,000) $41,461,733
$10,000,000 $24,320,000 $8,268,800 $16,051,200 ($60,000,000) $26,051,200
$10,833,333 $58,466,667 $19,878,667 $38,588,000 ($65,000,000) $49,421,333
$10,833,333 $36,066,667 $12,262,667 $23,804,000 ($65,000,000) $34,637,333
$10,833,333 $197,766,667 $67,240,667 $130,526,000 ($65,000,000) $141,359,333
$10,833,333 $84,646,667 $28,779,867 $55,866,800 ($65,000,000) $66,700,133
$10,833,333 $87,766,667 $29,840,667 $57,926,000 ($65,000,000) $68,759,333
$10,833,333 $23,486,667 $7,985,467 $15,501,200 ($65,000,000) $26,334,533
$10,000,000 $34,000,000 $11,560,000 $22,440,000 ($60,000,000) $32,440,000
$10,833,333 $62,066,667 $21,102,667 $40,964,000 ($65,000,000) $51,797,333
$10,833,333 $39,686,667 $13,493,467 $26,193,200 ($65,000,000) $37,026,533
$10,833,333 $14,846,667 $5,047,867 $9,798,800 ($65,000,000) $20,632,133
$10,833,333 $76,791,667 $26,109,167 $50,682,500 ($65,000,000) $61,515,833
$10,833,333 $32,141,667 $10,928,167 $21,213,500 ($65,000,000) $32,046,833
$10,833,333 $61,846,667 $21,027,867 $40,818,800 ($65,000,000) $51,652,133
$12,000,000 ($30,200,000) ($10,268,000) ($19,932,000) ($72,000,000) ($7,932,000)
$10,833,333 $120,166,667 $40,856,667 $79,310,000 ($65,000,000) $90,143,333
$10,833,333 $192,366,667 $65,404,667 $126,962,000 ($65,000,000) $137,795,333
$10,833,333 $160,566,667 $54,592,667 $105,974,000 ($65,000,000) $116,807,333
$10,833,333 $159,566,667 $54,252,667 $105,314,000 ($65,000,000) $116,147,333
$10,833,333 $36,541,667 $12,424,167 $24,117,500 ($65,000,000) $34,950,833
$10,833,333 $36,266,667 $12,330,667 $23,936,000 ($65,000,000) $34,769,333
$12,000,000 $84,640,000 $28,777,600 $55,862,400 ($72,000,000) $67,862,400
$10,000,000 $169,800,000 $57,732,000 $112,068,000 ($60,000,000) $122,068,000
$10,833,333 $13,366,667 $4,544,667 $8,822,000 ($65,000,000) $19,655,333
$10,833,333 ($9,433,333) ($3,207,333) ($6,226,000) ($65,000,000) $4,607,333
$10,000,000 $22,000,000 $7,480,000 $14,520,000 ($60,000,000) $24,520,000
$10,000,000 $18,450,000 $6,273,000 $12,177,000 ($60,000,000) $22,177,000
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$10,833,333 $55,886,667 $19,001,467 $36,885,200 ($65,000,000) $47,718,533
$10,833,333 $70,486,667 $23,965,467 $46,521,200 ($65,000,000) $57,354,533
$10,000,000 ($8,920,000) ($3,032,800) ($5,887,200) ($60,000,000) $4,112,800
$10,833,333 $85,806,667 $29,174,267 $56,632,400 ($65,000,000) $67,465,733
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$10,833,333 ($25,033,333) ($8,511,333) ($16,522,000) ($65,000,000) ($5,688,667)
$10,833,333 $10,166,667 $3,456,667 $6,710,000 ($65,000,000) $17,543,333
$10,833,333 $48,566,667 $16,512,667 $32,054,000 ($65,000,000) $42,887,333
$10,833,333 ($9,993,333) ($3,397,733) ($6,595,600) ($65,000,000) $4,237,733
$10,833,333 $120,166,667 $40,856,667 $79,310,000 ($65,000,000) $90,143,333
$10,833,333 ($4,783,333) ($1,626,333) ($3,157,000) ($65,000,000) $7,676,333
$10,000,000 $29,975,000 $10,191,500 $19,783,500 ($60,000,000) $29,783,500
$10,833,333 $49,646,667 $16,879,867 $32,766,800 ($65,000,000) $43,600,133
$10,833,333 $36,686,667 $12,473,467 $24,213,200 ($65,000,000) $35,046,533
$10,000,000 $55,300,000 $18,802,000 $36,498,000 ($60,000,000) $46,498,000
$10,833,333 $58,466,667 $19,878,667 $38,588,000 ($65,000,000) $49,421,333
$10,833,333 $118,926,667 $40,435,067 $78,491,600 ($65,000,000) $89,324,933
$10,000,000 $60,200,000 $20,468,000 $39,732,000 ($60,000,000) $49,732,000
$10,833,333 $7,566,667 $2,572,667 $4,994,000 ($65,000,000) $15,827,333
$10,833,333 ($7,593,333) ($2,581,733) ($5,011,600) ($65,000,000) $5,821,733
$10,833,333 ($23,633,333) ($8,035,333) ($15,598,000) ($65,000,000) ($4,764,667)
$10,833,333 $39,686,667 $13,493,467 $26,193,200 ($65,000,000) $37,026,533
$10,833,333 $45,646,667 $15,519,867 $30,126,800 ($65,000,000) $40,960,133
$10,000,000 $82,640,000 $28,097,600 $54,542,400 ($60,000,000) $64,542,400
$10,833,333 $9,286,667 $3,157,467 $6,129,200 ($65,000,000) $16,962,533
$10,000,000 $59,900,000 $20,366,000 $39,534,000 ($60,000,000) $49,534,000
$12,000,000 $5,650,000 $1,921,000 $3,729,000 ($72,000,000) $15,729,000
$10,833,333 $23,441,667 $7,970,167 $15,471,500 ($65,000,000) $26,304,833
$10,833,333 ($8,673,333) ($2,948,933) ($5,724,400) ($65,000,000) $5,108,933
$10,833,333 $103,406,667 $35,158,267 $68,248,400 ($65,000,000) $79,081,733
$10,833,333 $74,486,667 $25,325,467 $49,161,200 ($65,000,000) $59,994,533
$10,000,000 $103,400,000 $35,156,000 $68,244,000 ($60,000,000) $78,244,000
$12,000,000 ($7,200,000) ($2,448,000) ($4,752,000) ($72,000,000) $7,248,000
$10,833,333 ($15,633,333) ($5,315,333) ($10,318,000) ($65,000,000) $515,333
$10,000,000 $75,320,000 $25,608,800 $49,711,200 ($60,000,000) $59,711,200
$10,000,000 $77,625,000 $26,392,500 $51,232,500 ($60,000,000) $61,232,500
$10,833,333 $3,566,667 $1,212,667 $2,354,000 ($65,000,000) $13,187,333
$10,833,333 $7,566,667 $2,572,667 $4,994,000 ($65,000,000) $15,827,333
$12,000,000 $27,975,000 $9,511,500 $18,463,500 ($72,000,000) $30,463,500
$10,833,333 $26,966,667 $9,168,667 $17,798,000 ($65,000,000) $28,631,333
$10,833,333 $36,141,667 $12,288,167 $23,853,500 ($65,000,000) $34,686,833
$10,833,333 $51,466,667 $17,498,667 $33,968,000 ($65,000,000) $44,801,333
$10,000,000 $10,650,000 $3,621,000 $7,029,000 ($60,000,000) $17,029,000
$10,833,333 $107,966,667 $36,708,667 $71,258,000 ($65,000,000) $82,091,333
$10,833,333 $172,966,667 $58,808,667 $114,158,000 ($65,000,000) $124,991,333
$10,000,000 $103,400,000 $35,156,000 $68,244,000 ($60,000,000) $78,244,000
$10,833,333 $39,266,667 $13,350,667 $25,916,000 ($65,000,000) $36,749,333
$10,833,333 $4,326,667 $1,471,067 $2,855,600 ($65,000,000) $13,688,933
$10,833,333 $6,966,667 $2,368,667 $4,598,000 ($65,000,000) $15,431,333
$10,000,000 $27,800,000 $9,452,000 $18,348,000 ($60,000,000) $28,348,000
$10,833,333 ($783,333) ($266,333) ($517,000) ($65,000,000) $10,316,333
$10,833,333 $172,966,667 $58,808,667 $114,158,000 ($65,000,000) $124,991,333
$12,000,000 $6,400,000 $2,176,000 $4,224,000 ($72,000,000) $16,224,000
$12,000,000 $239,720,000 $81,504,800 $158,215,200 ($72,000,000) $170,215,200
$10,833,333 $85,806,667 $29,174,267 $56,632,400 ($65,000,000) $67,465,733
$10,833,333 $49,406,667 $16,798,267 $32,608,400 ($65,000,000) $43,441,733
$10,833,333 $96,406,667 $32,778,267 $63,628,400 ($65,000,000) $74,461,733
$10,833,333 $29,966,667 $10,188,667 $19,778,000 ($65,000,000) $30,611,333
$10,833,333 $54,791,667 $18,629,167 $36,162,500 ($65,000,000) $46,995,833
$10,833,333 $46,866,667 $15,934,667 $30,932,000 ($65,000,000) $41,765,333
$10,833,333 $26,966,667 $9,168,667 $17,798,000 ($65,000,000) $28,631,333
$10,833,333 ($6,483,333) ($2,204,333) ($4,279,000) ($65,000,000) $6,554,333
$10,833,333 $13,816,667 $4,697,667 $9,119,000 ($65,000,000) $19,952,333
$10,833,333 $74,486,667 $25,325,467 $49,161,200 ($65,000,000) $59,994,533
$10,833,333 $22,766,667 $7,740,667 $15,026,000 ($65,000,000) $25,859,333
$10,833,333 $27,286,667 $9,277,467 $18,009,200 ($65,000,000) $28,842,533
$10,000,000 $157,400,000 $53,516,000 $103,884,000 ($60,000,000) $113,884,000
$10,833,333 $133,806,667 $45,494,267 $88,312,400 ($65,000,000) $99,145,733
$10,000,000 $59,300,000 $20,162,000 $39,138,000 ($60,000,000) $49,138,000
$10,833,333 $137,806,667 $46,854,267 $90,952,400 ($65,000,000) $101,785,733
$10,833,333 $59,406,667 $20,198,267 $39,208,400 ($65,000,000) $50,041,733
$10,833,333 $185,366,667 $63,024,667 $122,342,000 ($65,000,000) $133,175,333
$12,000,000 $32,800,000 $11,152,000 $21,648,000 ($72,000,000) $33,648,000
$10,000,000 $27,800,000 $9,452,000 $18,348,000 ($60,000,000) $28,348,000
$10,833,333 $163,566,667 $55,612,667 $107,954,000 ($65,000,000) $118,787,333
$10,833,333 ($18,633,333) ($6,335,333) ($12,298,000) ($65,000,000) ($1,464,667)
$10,833,333 $200,766,667 $68,260,667 $132,506,000 ($65,000,000) $143,339,333
$10,833,333 $9,966,667 $3,388,667 $6,578,000 ($65,000,000) $17,411,333
$10,833,333 $91,646,667 $31,159,867 $60,486,800 ($65,000,000) $71,320,133
$10,833,333 $156,566,667 $53,232,667 $103,334,000 ($65,000,000) $114,167,333
$10,833,333 $9,816,667 $3,337,667 $6,479,000 ($65,000,000) $17,312,333
$10,833,333 $55,366,667 $18,824,667 $36,542,000 ($65,000,000) $47,375,333
$10,833,333 $55,366,667 $18,824,667 $36,542,000 ($65,000,000) $47,375,333
$10,833,333 ($9,433,333) ($3,207,333) ($6,226,000) ($65,000,000) $4,607,333
$10,833,333 $47,466,667 $16,138,667 $31,328,000 ($65,000,000) $42,161,333
$10,000,000 ($9,160,000) ($3,114,400) ($6,045,600) ($60,000,000) $3,954,400
$10,833,333 ($9,233,333) ($3,139,333) ($6,094,000) ($65,000,000) $4,739,333
$12,000,000 ($16,600,000) ($5,644,000) ($10,956,000) ($72,000,000) $1,044,000
$10,000,000 $30,000,000 $10,200,000 $19,800,000 ($60,000,000) $29,800,000
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$10,833,333 $29,966,667 $10,188,667 $19,778,000 ($65,000,000) $30,611,333
$10,833,333 $84,486,667 $28,725,467 $55,761,200 ($65,000,000) $66,594,533
$12,000,000 $54,200,000 $18,428,000 $35,772,000 ($72,000,000) $47,772,000
$10,833,333 $4,116,667 $1,399,667 $2,717,000 ($65,000,000) $13,550,333
$10,833,333 $54,446,667 $18,511,867 $35,934,800 ($65,000,000) $46,768,133
$10,833,333 ($22,633,333) ($7,695,333) ($14,938,000) ($65,000,000) ($4,104,667)
$10,833,333 ($9,753,333) ($3,316,133) ($6,437,200) ($65,000,000) $4,396,133
$10,833,333 $47,066,667 $16,002,667 $31,064,000 ($65,000,000) $41,897,333
$10,833,333 $58,466,667 $19,878,667 $38,588,000 ($65,000,000) $49,421,333
$10,833,333 ($9,753,333) ($3,316,133) ($6,437,200) ($65,000,000) $4,396,133
$10,000,000 $128,000,000 $43,520,000 $84,480,000 ($60,000,000) $94,480,000
$10,833,333 $63,406,667 $21,558,267 $41,848,400 ($65,000,000) $52,681,733
$10,000,000 ($1,000,000) ($340,000) ($660,000) ($60,000,000) $9,340,000
$10,833,333 $59,366,667 $20,184,667 $39,182,000 ($65,000,000) $50,015,333
$12,000,000 $104,400,000 $35,496,000 $68,904,000 ($72,000,000) $80,904,000
$10,833,333 $46,406,667 $15,778,267 $30,628,400 ($65,000,000) $41,461,733
$10,833,333 $52,886,667 $17,981,467 $34,905,200 ($65,000,000) $45,738,533
$10,833,333 $13,741,667 $4,672,167 $9,069,500 ($65,000,000) $19,902,833
$10,000,000 $75,320,000 $25,608,800 $49,711,200 ($60,000,000) $59,711,200
$10,833,333 $87,766,667 $29,840,667 $57,926,000 ($65,000,000) $68,759,333
$10,833,333 $62,366,667 $21,204,667 $41,162,000 ($65,000,000) $51,995,333
$10,833,333 $74,486,667 $25,325,467 $49,161,200 ($65,000,000) $59,994,533
$10,833,333 $16,366,667 $5,564,667 $10,802,000 ($65,000,000) $21,635,333
$10,833,333 $51,446,667 $17,491,867 $33,954,800 ($65,000,000) $44,788,133
$10,833,333 $146,646,667 $49,859,867 $96,786,800 ($65,000,000) $107,620,133
$10,833,333 $9,191,667 $3,125,167 $6,066,500 ($65,000,000) $16,899,833
$10,833,333 $60,291,667 $20,499,167 $39,792,500 ($65,000,000) $50,625,833
$10,833,333 $146,606,667 $49,846,267 $96,760,400 ($65,000,000) $107,593,733
$10,833,333 $21,166,667 $7,196,667 $13,970,000 ($65,000,000) $24,803,333
$12,000,000 $152,480,000 $51,843,200 $100,636,800 ($72,000,000) $112,636,800
$10,000,000 $104,240,000 $35,441,600 $68,798,400 ($60,000,000) $78,798,400
$10,833,333 ($233,333) ($79,333) ($154,000) ($65,000,000) $10,679,333
$10,000,000 $147,480,000 $50,143,200 $97,336,800 ($60,000,000) $107,336,800
$10,000,000 $2,400,000 $816,000 $1,584,000 ($60,000,000) $11,584,000
$10,833,333 ($9,753,333) ($3,316,133) ($6,437,200) ($65,000,000) $4,396,133
$10,833,333 ($6,608,333) ($2,246,833) ($4,361,500) ($65,000,000) $6,471,833
$10,833,333 $130,966,667 $44,528,667 $86,438,000 ($65,000,000) $97,271,333
$10,833,333 $81,486,667 $27,705,467 $53,781,200 ($65,000,000) $64,614,533
$10,833,333 $81,806,667 $27,814,267 $53,992,400 ($65,000,000) $64,825,733
$10,833,333 $20,366,667 $6,924,667 $13,442,000 ($65,000,000) $24,275,333
$10,000,000 $50,480,000 $17,163,200 $33,316,800 ($60,000,000) $43,316,800
$10,833,333 $240,886,667 $81,901,467 $158,985,200 ($65,000,000) $169,818,533
$10,833,333 $14,326,667 $4,871,067 $9,455,600 ($65,000,000) $20,288,933
$10,833,333 $102,566,667 $34,872,667 $67,694,000 ($65,000,000) $78,527,333
$12,000,000 ($7,920,000) ($2,692,800) ($5,227,200) ($72,000,000) $6,772,800
$10,833,333 $30,841,667 $10,486,167 $20,355,500 ($65,000,000) $31,188,833
$10,833,333 ($9,233,333) ($3,139,333) ($6,094,000) ($65,000,000) $4,739,333
$10,833,333 $81,486,667 $27,705,467 $53,781,200 ($65,000,000) $64,614,533
$10,833,333 $55,541,667 $18,884,167 $36,657,500 ($65,000,000) $47,490,833
$10,833,333 $54,466,667 $18,518,667 $35,948,000 ($65,000,000) $46,781,333
$10,833,333 ($29,033,333) ($9,871,333) ($19,162,000) ($65,000,000) ($8,328,667)
$10,000,000 $127,640,000 $43,397,600 $84,242,400 ($60,000,000) $94,242,400
$10,000,000 $31,275,000 $10,633,500 $20,641,500 ($60,000,000) $30,641,500
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$10,833,333 $99,526,667 $33,839,067 $65,687,600 ($65,000,000) $76,520,933
$10,833,333 $61,526,667 $20,919,067 $40,607,600 ($65,000,000) $51,440,933
$10,833,333 ($10,608,333) ($3,606,833) ($7,001,500) ($65,000,000) $3,831,833
$10,833,333 $98,766,667 $33,580,667 $65,186,000 ($65,000,000) $76,019,333
$10,833,333 $153,646,667 $52,239,867 $101,406,800 ($65,000,000) $112,240,133
$10,833,333 $51,466,667 $17,498,667 $33,968,000 ($65,000,000) $44,801,333
$10,833,333 $29,646,667 $10,079,867 $19,566,800 ($65,000,000) $30,400,133
$10,833,333 $20,486,667 $6,965,467 $13,521,200 ($65,000,000) $24,354,533
$10,833,333 $251,886,667 $85,641,467 $166,245,200 ($65,000,000) $177,078,533
$10,833,333 $6,816,667 $2,317,667 $4,499,000 ($65,000,000) $15,332,333
$10,833,333 $36,266,667 $12,330,667 $23,936,000 ($65,000,000) $34,769,333
$10,833,333 $50,791,667 $17,269,167 $33,522,500 ($65,000,000) $44,355,833
$10,833,333 $14,846,667 $5,047,867 $9,798,800 ($65,000,000) $20,632,133
$10,833,333 $105,566,667 $35,892,667 $69,674,000 ($65,000,000) $80,507,333
$10,000,000 ($4,600,000) ($1,564,000) ($3,036,000) ($60,000,000) $6,964,000
$10,833,333 $38,966,667 $13,248,667 $25,718,000 ($65,000,000) $36,551,333
$10,000,000 $125,000,000 $42,500,000 $82,500,000 ($60,000,000) $92,500,000
$10,833,333 $20,741,667 $7,052,167 $13,689,500 ($65,000,000) $24,522,833
$10,000,000 $8,400,000 $2,856,000 $5,544,000 ($60,000,000) $15,544,000
$10,833,333 ($9,033,333) ($3,071,333) ($5,962,000) ($65,000,000) $4,871,333
$12,000,000 $77,640,000 $26,397,600 $51,242,400 ($72,000,000) $63,242,400
$10,833,333 $25,166,667 $8,556,667 $16,610,000 ($65,000,000) $27,443,333
$10,833,333 $16,486,667 $5,605,467 $10,881,200 ($65,000,000) $21,714,533
$10,833,333 $94,766,667 $32,220,667 $62,546,000 ($65,000,000) $73,379,333
$10,000,000 $19,160,000 $6,514,400 $12,645,600 ($60,000,000) $22,645,600
$12,000,000 $17,160,000 $5,834,400 $11,325,600 ($72,000,000) $23,325,600
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$10,833,333 $6,616,667 $2,249,667 $4,367,000 ($65,000,000) $15,200,333
$10,833,333 $124,166,667 $42,216,667 $81,950,000 ($65,000,000) $92,783,333
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$10,000,000 $25,700,000 $8,738,000 $16,962,000 ($60,000,000) $26,962,000
$10,000,000 $74,625,000 $25,372,500 $49,252,500 ($60,000,000) $59,252,500
$10,833,333 $36,266,667 $12,330,667 $23,936,000 ($65,000,000) $34,769,333
$10,833,333 ($12,508,333) ($4,252,833) ($8,255,500) ($65,000,000) $2,577,833
$10,833,333 $3,566,667 $1,212,667 $2,354,000 ($65,000,000) $13,187,333
$10,833,333 $13,366,667 $4,544,667 $8,822,000 ($65,000,000) $19,655,333
$10,833,333 ($6,753,333) ($2,296,133) ($4,457,200) ($65,000,000) $6,376,133
$10,000,000 ($9,650,000) ($3,281,000) ($6,369,000) ($60,000,000) $3,631,000
$10,833,333 $25,646,667 $8,719,867 $16,926,800 ($65,000,000) $27,760,133
$10,000,000 $55,900,000 $19,006,000 $36,894,000 ($60,000,000) $46,894,000
$10,833,333 $49,406,667 $16,798,267 $32,608,400 ($65,000,000) $43,441,733
$10,833,333 $29,141,667 $9,908,167 $19,233,500 ($65,000,000) $30,066,833
$10,833,333 $91,766,667 $31,200,667 $60,566,000 ($65,000,000) $71,399,333
$10,833,333 $110,966,667 $37,728,667 $73,238,000 ($65,000,000) $84,071,333
$12,000,000 ($16,800,000) ($5,712,000) ($11,088,000) ($72,000,000) $912,000
$10,833,333 $51,466,667 $17,498,667 $33,968,000 ($65,000,000) $44,801,333
$10,833,333 $63,406,667 $21,558,267 $41,848,400 ($65,000,000) $52,681,733
$10,833,333 ($3,273,333) ($1,112,933) ($2,160,400) ($65,000,000) $8,672,933
$10,000,000 $30,800,000 $10,472,000 $20,328,000 ($60,000,000) $30,328,000
$12,000,000 ($10,600,000) ($3,604,000) ($6,996,000) ($72,000,000) $5,004,000
$10,833,333 $130,966,667 $44,528,667 $86,438,000 ($65,000,000) $97,271,333
$10,833,333 $55,886,667 $19,001,467 $36,885,200 ($65,000,000) $47,718,533
$10,833,333 $29,646,667 $10,079,867 $19,566,800 ($65,000,000) $30,400,133
$10,000,000 $92,600,000 $31,484,000 $61,116,000 ($60,000,000) $71,116,000
$10,000,000 $151,480,000 $51,503,200 $99,976,800 ($60,000,000) $109,976,800
$12,000,000 $27,975,000 $9,511,500 $18,463,500 ($72,000,000) $30,463,500
$12,000,000 $123,000,000 $41,820,000 $81,180,000 ($72,000,000) $93,180,000
$10,833,333 ($783,333) ($266,333) ($517,000) ($65,000,000) $10,316,333
$10,000,000 ($7,840,000) ($2,665,600) ($5,174,400) ($60,000,000) $4,825,600
$10,833,333 $130,806,667 $44,474,267 $86,332,400 ($65,000,000) $97,165,733
$12,000,000 $1,650,000 $561,000 $1,089,000 ($72,000,000) $13,089,000
$10,833,333 $33,166,667 $11,276,667 $21,890,000 ($65,000,000) $32,723,333
$10,833,333 $26,966,667 $9,168,667 $17,798,000 ($65,000,000) $28,631,333
$10,000,000 ($5,200,000) ($1,768,000) ($3,432,000) ($60,000,000) $6,568,000
$10,833,333 $49,486,667 $16,825,467 $32,661,200 ($65,000,000) $43,494,533
$10,833,333 $204,766,667 $69,620,667 $135,146,000 ($65,000,000) $145,979,333
$10,833,333 $62,366,667 $21,204,667 $41,162,000 ($65,000,000) $51,995,333
$10,833,333 $102,566,667 $34,872,667 $67,694,000 ($65,000,000) $78,527,333
$10,833,333 $39,046,667 $13,275,867 $25,770,800 ($65,000,000) $36,604,133
$10,833,333 $50,791,667 $17,269,167 $33,522,500 ($65,000,000) $44,355,833
$10,833,333 $134,966,667 $45,888,667 $89,078,000 ($65,000,000) $99,911,333
$10,833,333 $94,766,667 $32,220,667 $62,546,000 ($65,000,000) $73,379,333
$10,833,333 $153,646,667 $52,239,867 $101,406,800 ($65,000,000) $112,240,133
$12,000,000 $58,200,000 $19,788,000 $38,412,000 ($72,000,000) $50,412,000
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$10,833,333 $21,326,667 $7,251,067 $14,075,600 ($65,000,000) $24,908,933
$10,833,333 $36,266,667 $12,330,667 $23,936,000 ($65,000,000) $34,769,333
$10,833,333 $86,291,667 $29,339,167 $56,952,500 ($65,000,000) $67,785,833
$12,000,000 $28,800,000 $9,792,000 $19,008,000 ($72,000,000) $31,008,000
$10,833,333 $77,486,667 $26,345,467 $51,141,200 ($65,000,000) $61,974,533
$10,833,333 $92,116,667 $31,319,667 $60,797,000 ($65,000,000) $71,630,333
$12,000,000 $27,975,000 $9,511,500 $18,463,500 ($72,000,000) $30,463,500
$10,000,000 $29,975,000 $10,191,500 $19,783,500 ($60,000,000) $29,783,500
$10,000,000 $37,520,000 $12,756,800 $24,763,200 ($60,000,000) $34,763,200
$10,833,333 ($15,508,333) ($5,272,833) ($10,235,500) ($65,000,000) $597,833
$10,833,333 $37,841,667 $12,866,167 $24,975,500 ($65,000,000) $35,808,833
$10,000,000 $99,600,000 $33,864,000 $65,736,000 ($60,000,000) $75,736,000
$10,833,333 $29,141,667 $9,908,167 $19,233,500 ($65,000,000) $30,066,833
$12,000,000 $72,625,000 $24,692,500 $47,932,500 ($72,000,000) $59,932,500
$10,833,333 ($13,608,333) ($4,626,833) ($8,981,500) ($65,000,000) $1,851,833
$10,833,333 ($2,433,333) ($827,333) ($1,606,000) ($65,000,000) $9,227,333
$12,000,000 $97,950,000 $33,303,000 $64,647,000 ($72,000,000) $76,647,000
$10,000,000 $47,240,000 $16,061,600 $31,178,400 ($60,000,000) $41,178,400
$10,000,000 $153,400,000 $52,156,000 $101,244,000 ($60,000,000) $111,244,000
$10,833,333 ($3,483,333) ($1,184,333) ($2,299,000) ($65,000,000) $8,534,333
$10,833,333 $22,166,667 $7,536,667 $14,630,000 ($65,000,000) $25,463,333
$10,833,333 $8,366,667 $2,844,667 $5,522,000 ($65,000,000) $16,355,333
$10,833,333 ($2,433,333) ($827,333) ($1,606,000) ($65,000,000) $9,227,333
$12,000,000 ($16,800,000) ($5,712,000) ($11,088,000) ($72,000,000) $912,000
$10,000,000 $198,600,000 $67,524,000 $131,076,000 ($60,000,000) $141,076,000
$10,833,333 ($17,408,333) ($5,918,833) ($11,489,500) ($65,000,000) ($656,167)
$10,833,333 ($1,673,333) ($568,933) ($1,104,400) ($65,000,000) $9,728,933
$10,833,333 $20,486,667 $6,965,467 $13,521,200 ($65,000,000) $24,354,533
$10,000,000 $19,680,000 $6,691,200 $12,988,800 ($60,000,000) $22,988,800
$10,000,000 ($3,950,000) ($1,343,000) ($2,607,000) ($60,000,000) $7,393,000
$10,833,333 $86,291,667 $29,339,167 $56,952,500 ($65,000,000) $67,785,833
$10,833,333 $22,966,667 $7,808,667 $15,158,000 ($65,000,000) $25,991,333
$10,833,333 $98,766,667 $33,580,667 $65,186,000 ($65,000,000) $76,019,333
$10,833,333 $107,406,667 $36,518,267 $70,888,400 ($65,000,000) $81,721,733
$10,000,000 $74,150,000 $25,211,000 $48,939,000 ($60,000,000) $58,939,000
$10,833,333 $5,191,667 $1,765,167 $3,426,500 ($65,000,000) $14,259,833
$12,000,000 $76,320,000 $25,948,800 $50,371,200 ($72,000,000) $62,371,200
$10,000,000 $53,480,000 $18,183,200 $35,296,800 ($60,000,000) $45,296,800
$10,000,000 $153,400,000 $52,156,000 $101,244,000 ($60,000,000) $111,244,000
$10,833,333 $79,126,667 $26,903,067 $52,223,600 ($65,000,000) $63,056,933
$10,000,000 $138,480,000 $47,083,200 $91,396,800 ($60,000,000) $101,396,800
$10,833,333 ($11,358,333) ($3,861,833) ($7,496,500) ($65,000,000) $3,336,833
$10,000,000 $106,400,000 $36,176,000 $70,224,000 ($60,000,000) $80,224,000
$12,000,000 $27,975,000 $9,511,500 $18,463,500 ($72,000,000) $30,463,500
$10,833,333 $127,166,667 $43,236,667 $83,930,000 ($65,000,000) $94,763,333
$10,833,333 $49,406,667 $16,798,267 $32,608,400 ($65,000,000) $43,441,733
$10,833,333 $126,806,667 $43,114,267 $83,692,400 ($65,000,000) $94,525,733
$12,000,000 $73,320,000 $24,928,800 $48,391,200 ($72,000,000) $60,391,200
$10,000,000 $26,160,000 $8,894,400 $17,265,600 ($60,000,000) $27,265,600
$10,833,333 $55,066,667 $18,722,667 $36,344,000 ($65,000,000) $47,177,333
$10,833,333 $73,791,667 $25,089,167 $48,702,500 ($65,000,000) $59,535,833
$10,000,000 $74,625,000 $25,372,500 $49,252,500 ($60,000,000) $59,252,500
$10,833,333 $35,046,667 $11,915,867 $23,130,800 ($65,000,000) $33,964,133
$10,833,333 $87,766,667 $29,840,667 $57,926,000 ($65,000,000) $68,759,333
$10,833,333 $25,326,667 $8,611,067 $16,715,600 ($65,000,000) $27,548,933
$10,833,333 $66,366,667 $22,564,667 $43,802,000 ($65,000,000) $54,635,333
$10,833,333 $150,366,667 $51,124,667 $99,242,000 ($65,000,000) $110,075,333
$10,000,000 $157,400,000 $53,516,000 $103,884,000 ($60,000,000) $113,884,000
$10,833,333 $64,366,667 $21,884,667 $42,482,000 ($65,000,000) $53,315,333
$10,833,333 $210,166,667 $71,456,667 $138,710,000 ($65,000,000) $149,543,333
Question 2
Table 2

Year 1 OCF Year 2 OCF Year 3 OCF Year 4 OCF Year 5 OCF Year 6 OCF IRR
($65,000,000) $5,217,833 $5,217,833 $5,217,833 $5,217,833 $5,217,833 $5,217,833 -99.99%
($60,000,000) $28,559,200 $28,559,200 $28,559,200 $28,559,200 $28,559,200 $28,559,200 41.72%
($65,000,000) $25,991,333 $25,991,333 $25,991,333 $25,991,333 $25,991,333 $25,991,333 32.65%
($60,000,000) $34,403,500 $34,403,500 $34,403,500 $34,403,500 $34,403,500 $34,403,500 52.84%
($65,000,000) $12,296,333 $12,296,333 $12,296,333 $12,296,333 $12,296,333 $12,296,333 3.74%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($72,000,000) $71,796,000 $71,796,000 $71,796,000 $71,796,000 $71,796,000 $71,796,000 98.07%
($60,000,000) $44,518,000 $44,518,000 $44,518,000 $44,518,000 $44,518,000 $44,518,000 71.26%
($60,000,000) $71,036,800 $71,036,800 $71,036,800 $71,036,800 $71,036,800 $71,036,800 117.27%
($60,000,000) $18,659,200 $18,659,200 $18,659,200 $18,659,200 $18,659,200 $18,659,200 21.37%
($65,000,000) $82,091,333 $82,091,333 $82,091,333 $82,091,333 $82,091,333 $82,091,333 125.33%
($65,000,000) $79,160,933 $79,160,933 $79,160,933 $79,160,933 $79,160,933 $79,160,933 120.73%
($65,000,000) $19,952,333 $19,952,333 $19,952,333 $19,952,333 $19,952,333 $19,952,333 20.83%
($65,000,000) $51,797,333 $51,797,333 $51,797,333 $51,797,333 $51,797,333 $51,797,333 77.11%
($65,000,000) $17,840,333 $17,840,333 $17,840,333 $17,840,333 $17,840,333 $17,840,333 16.43%
($65,000,000) $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 111.63%
($65,000,000) $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 -1.38%
($65,000,000) $15,431,333 $15,431,333 $15,431,333 $15,431,333 $15,431,333 $15,431,333 11.15%
($65,000,000) $61,515,833 $61,515,833 $61,515,833 $61,515,833 $61,515,833 $61,515,833 92.80%
($65,000,000) $27,426,833 $27,426,833 $27,426,833 $27,426,833 $27,426,833 $27,426,833 35.32%
($65,000,000) $92,783,333 $92,783,333 $92,783,333 $92,783,333 $92,783,333 $92,783,333 142.03%
($65,000,000) $26,334,533 $26,334,533 $26,334,533 $26,334,533 $26,334,533 $26,334,533 33.29%
($60,000,000) $71,116,000 $71,116,000 $71,116,000 $71,116,000 $71,116,000 $71,116,000 117.40%
($60,000,000) $19,240,000 $19,240,000 $19,240,000 $19,240,000 $19,240,000 $19,240,000 22.64%
($60,000,000) $21,431,200 $21,431,200 $21,431,200 $21,431,200 $21,431,200 $21,431,200 27.34%
($65,000,000) $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 68.87%
($65,000,000) $55,245,833 $55,245,833 $55,245,833 $55,245,833 $55,245,833 $55,245,833 82.71%
($60,000,000) $7,096,000 $7,096,000 $7,096,000 $7,096,000 $7,096,000 $7,096,000 -9.00%
($72,000,000) $65,011,200 $65,011,200 $65,011,200 $65,011,200 $65,011,200 $65,011,200 88.27%
($65,000,000) $54,635,333 $54,635,333 $54,635,333 $54,635,333 $54,635,333 $54,635,333 81.72%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($72,000,000) $52,048,800 $52,048,800 $52,048,800 $52,048,800 $52,048,800 $52,048,800 69.21%
($65,000,000) $51,440,933 $51,440,933 $51,440,933 $51,440,933 $51,440,933 $51,440,933 76.52%
($65,000,000) $42,161,333 $42,161,333 $42,161,333 $42,161,333 $42,161,333 $42,161,333 61.16%
($65,000,000) $41,461,733 $41,461,733 $41,461,733 $41,461,733 $41,461,733 $41,461,733 59.98%
($65,000,000) $114,167,333 $114,167,333 $114,167,333 $114,167,333 $114,167,333 $114,167,333 175.24%
($65,000,000) ($4,550,167) ($4,550,167) ($4,550,167) ($4,550,167) ($4,550,167) ($4,550,167) -99.99%
($65,000,000) $37,277,333 $37,277,333 $37,277,333 $37,277,333 $37,277,333 $37,277,333 52.85%
($65,000,000) $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 74.19%
($65,000,000) $79,081,733 $79,081,733 $79,081,733 $79,081,733 $79,081,733 $79,081,733 120.61%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($65,000,000) $19,952,333 $19,952,333 $19,952,333 $19,952,333 $19,952,333 $19,952,333 20.83%
($65,000,000) $17,840,333 $17,840,333 $17,840,333 $17,840,333 $17,840,333 $17,840,333 16.43%
($65,000,000) $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 48.50%
($65,000,000) $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 15.79%
($65,000,000) $18,599,333 $18,599,333 $18,599,333 $18,599,333 $18,599,333 $18,599,333 18.03%
($65,000,000) $75,887,333 $75,887,333 $75,887,333 $75,887,333 $75,887,333 $75,887,333 115.59%
($65,000,000) $33,251,333 $33,251,333 $33,251,333 $33,251,333 $33,251,333 $33,251,333 45.84%
($60,000,000) $19,372,000 $19,372,000 $19,372,000 $19,372,000 $19,372,000 $19,372,000 22.93%
($65,000,000) $51,797,333 $51,797,333 $51,797,333 $51,797,333 $51,797,333 $51,797,333 77.11%
($65,000,000) $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 113.34%
($65,000,000) $34,686,833 $34,686,833 $34,686,833 $34,686,833 $34,686,833 $34,686,833 48.36%
($65,000,000) $29,225,333 $29,225,333 $29,225,333 $29,225,333 $29,225,333 $29,225,333 38.63%
($65,000,000) $73,775,333 $73,775,333 $73,775,333 $73,775,333 $73,775,333 $73,775,333 112.26%
($60,000,000) $61,232,500 $61,232,500 $61,232,500 $61,232,500 $61,232,500 $61,232,500 100.48%
($65,000,000) $94,763,333 $94,763,333 $94,763,333 $94,763,333 $94,763,333 $94,763,333 145.12%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($72,000,000) $10,713,000 $10,713,000 $10,713,000 $10,713,000 $10,713,000 $10,713,000 -3.15%
($65,000,000) $91,964,933 $91,964,933 $91,964,933 $91,964,933 $91,964,933 $91,964,933 140.76%
($65,000,000) $24,908,933 $24,908,933 $24,908,933 $24,908,933 $24,908,933 $24,908,933 30.60%
($65,000,000) $34,686,833 $34,686,833 $34,686,833 $34,686,833 $34,686,833 $34,686,833 48.36%
($72,000,000) $22,939,500 $22,939,500 $22,939,500 $22,939,500 $22,939,500 $22,939,500 22.37%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($65,000,000) $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 68.87%
($65,000,000) $31,482,533 $31,482,533 $31,482,533 $31,482,533 $31,482,533 $31,482,533 42.70%
($65,000,000) $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 113.34%
($65,000,000) $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 113.34%
($72,000,000) $93,180,000 $93,180,000 $93,180,000 $93,180,000 $93,180,000 $93,180,000 128.51%
($65,000,000) $78,527,333 $78,527,333 $78,527,333 $78,527,333 $78,527,333 $78,527,333 119.74%
($65,000,000) $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 65.58%
($65,000,000) $28,103,333 $28,103,333 $28,103,333 $28,103,333 $28,103,333 $28,103,333 36.57%
($65,000,000) ($5,688,667) ($5,688,667) ($5,688,667) ($5,688,667) ($5,688,667) ($5,688,667) -99.99%
($60,000,000) $75,604,000 $75,604,000 $75,604,000 $75,604,000 $75,604,000 $75,604,000 125.04%
($60,000,000) $43,158,400 $43,158,400 $43,158,400 $43,158,400 $43,158,400 $43,158,400 68.82%
($65,000,000) $64,155,833 $64,155,833 $64,155,833 $64,155,833 $64,155,833 $64,155,833 97.01%
($65,000,000) $138,719,333 $138,719,333 $138,719,333 $138,719,333 $138,719,333 $138,719,333 213.19%
($60,000,000) $17,557,000 $17,557,000 $17,557,000 $17,557,000 $17,557,000 $17,557,000 18.91%
($65,000,000) $9,227,333 $9,227,333 $9,227,333 $9,227,333 $9,227,333 $9,227,333 -4.40%
($65,000,000) $47,771,333 $47,771,333 $47,771,333 $47,771,333 $47,771,333 $47,771,333 70.50%
($65,000,000) $138,719,333 $138,719,333 $138,719,333 $138,719,333 $138,719,333 $138,719,333 213.19%
($65,000,000) $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 111.63%
($60,000,000) $85,768,000 $85,768,000 $85,768,000 $85,768,000 $85,768,000 $85,768,000 142.24%
($72,000,000) $50,755,200 $50,755,200 $50,755,200 $50,755,200 $50,755,200 $50,755,200 67.28%
($65,000,000) $81,794,333 $81,794,333 $81,794,333 $81,794,333 $81,794,333 $81,794,333 124.86%
($65,000,000) $11,570,333 $11,570,333 $11,570,333 $11,570,333 $11,570,333 $11,570,333 1.91%
($65,000,000) $21,783,833 $21,783,833 $21,783,833 $21,783,833 $21,783,833 $21,783,833 24.53%
($65,000,000) $92,783,333 $92,783,333 $92,783,333 $92,783,333 $92,783,333 $92,783,333 142.03%
($65,000,000) $79,451,333 $79,451,333 $79,451,333 $79,451,333 $79,451,333 $79,451,333 121.19%
($72,000,000) $37,146,000 $37,146,000 $37,146,000 $37,146,000 $37,146,000 $37,146,000 46.34%
($65,000,000) $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 63.31%
($72,000,000) $65,592,000 $65,592,000 $65,592,000 $65,592,000 $65,592,000 $65,592,000 89.11%
($60,000,000) $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 41.31%
($65,000,000) $12,296,333 $12,296,333 $12,296,333 $12,296,333 $12,296,333 $12,296,333 3.74%
($65,000,000) $90,143,333 $90,143,333 $90,143,333 $90,143,333 $90,143,333 $90,143,333 137.92%
($65,000,000) $46,995,833 $46,995,833 $46,995,833 $46,995,833 $46,995,833 $46,995,833 69.22%
($65,000,000) $67,785,833 $67,785,833 $67,785,833 $67,785,833 $67,785,833 $67,785,833 102.79%
($65,000,000) $48,061,733 $48,061,733 $48,061,733 $48,061,733 $48,061,733 $48,061,733 70.98%
($65,000,000) $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 67.14%
($65,000,000) $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 37.54%
($65,000,000) $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 79.75%
($60,000,000) $92,500,000 $92,500,000 $92,500,000 $92,500,000 $92,500,000 $92,500,000 153.59%
($65,000,000) $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 -99.99%
($65,000,000) $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 -99.99%
($65,000,000) $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 104.33%
($65,000,000) ($8,328,667) ($8,328,667) ($8,328,667) ($8,328,667) ($8,328,667) ($8,328,667) -99.99%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($65,000,000) $65,696,933 $65,696,933 $65,696,933 $65,696,933 $65,696,933 $65,696,933 99.47%
($65,000,000) $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 15.79%
($65,000,000) $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 111.63%
($65,000,000) $16,899,833 $16,899,833 $16,899,833 $16,899,833 $16,899,833 $16,899,833 14.40%
($65,000,000) $15,332,333 $15,332,333 $15,332,333 $15,332,333 $15,332,333 $15,332,333 10.93%
($65,000,000) $48,975,833 $48,975,833 $48,975,833 $48,975,833 $48,975,833 $48,975,833 72.49%
($65,000,000) $82,091,333 $82,091,333 $82,091,333 $82,091,333 $82,091,333 $82,091,333 125.33%
($65,000,000) $36,749,333 $36,749,333 $36,749,333 $36,749,333 $36,749,333 $36,749,333 51.94%
($65,000,000) $22,542,833 $22,542,833 $22,542,833 $22,542,833 $22,542,833 $22,542,833 26.02%
($65,000,000) $104,531,333 $104,531,333 $104,531,333 $104,531,333 $104,531,333 $104,531,333 160.30%
($65,000,000) $56,272,133 $56,272,133 $56,272,133 $56,272,133 $56,272,133 $56,272,133 84.37%
($65,000,000) $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 191.98%
($60,000,000) $98,862,400 $98,862,400 $98,862,400 $98,862,400 $98,862,400 $98,862,400 164.29%
($65,000,000) $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 48.50%
($65,000,000) $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 67.14%
($65,000,000) $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 77.43%
($65,000,000) $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 68.87%
($72,000,000) $69,156,000 $69,156,000 $69,156,000 $69,156,000 $69,156,000 $69,156,000 94.26%
($72,000,000) $100,836,000 $100,836,000 $100,836,000 $100,836,000 $100,836,000 $100,836,000 139.30%
($60,000,000) $109,976,800 $109,976,800 $109,976,800 $109,976,800 $109,976,800 $109,976,800 182.94%
($65,000,000) $73,960,133 $73,960,133 $73,960,133 $73,960,133 $73,960,133 $73,960,133 112.55%
($65,000,000) $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 -1.38%
($65,000,000) $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 104.33%
($60,000,000) $50,342,500 $50,342,500 $50,342,500 $50,342,500 $50,342,500 $50,342,500 81.56%
($72,000,000) $5,004,000 $5,004,000 $5,004,000 $5,004,000 $5,004,000 $5,004,000 -99.99%
($65,000,000) $116,807,333 $116,807,333 $116,807,333 $116,807,333 $116,807,333 $116,807,333 179.33%
($65,000,000) $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 79.75%
($65,000,000) $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 37.54%
($60,000,000) $30,328,000 $30,328,000 $30,328,000 $30,328,000 $30,328,000 $30,328,000 45.14%
($65,000,000) $3,831,833 $3,831,833 $3,831,833 $3,831,833 $3,831,833 $3,831,833 -99.99%
($65,000,000) $48,975,833 $48,975,833 $48,975,833 $48,975,833 $48,975,833 $48,975,833 72.49%
($60,000,000) $46,712,500 $46,712,500 $46,712,500 $46,712,500 $46,712,500 $46,712,500 75.16%
($65,000,000) $56,582,333 $56,582,333 $56,582,333 $56,582,333 $56,582,333 $56,582,333 84.87%
($60,000,000) $6,092,800 $6,092,800 $6,092,800 $6,092,800 $6,092,800 $6,092,800 -12.55%
($65,000,000) $17,312,333 $17,312,333 $17,312,333 $17,312,333 $17,312,333 $17,312,333 15.30%
($60,000,000) $232,000 $232,000 $232,000 $232,000 $232,000 $232,000 -99.99%
($65,000,000) $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 77.43%
($65,000,000) $40,960,133 $40,960,133 $40,960,133 $40,960,133 $40,960,133 $40,960,133 59.14%
($60,000,000) $45,455,200 $45,455,200 $45,455,200 $45,455,200 $45,455,200 $45,455,200 72.93%
($65,000,000) $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 191.98%
($65,000,000) ($4,632,667) ($4,632,667) ($4,632,667) ($4,632,667) ($4,632,667) ($4,632,667) -99.99%
($65,000,000) $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 40.15%
($65,000,000) $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 40.15%
($60,000,000) $73,967,200 $73,967,200 $73,967,200 $73,967,200 $73,967,200 $73,967,200 122.26%
($65,000,000) $48,061,733 $48,061,733 $48,061,733 $48,061,733 $48,061,733 $48,061,733 70.98%
($60,000,000) $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 41.31%
($72,000,000) $35,083,500 $35,083,500 $35,083,500 $35,083,500 $35,083,500 $35,083,500 43.04%
($65,000,000) $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 63.31%
($60,000,000) $19,372,000 $19,372,000 $19,372,000 $19,372,000 $19,372,000 $19,372,000 22.93%
($60,000,000) $79,168,000 $79,168,000 $79,168,000 $79,168,000 $79,168,000 $79,168,000 131.08%
($72,000,000) $10,581,000 $10,581,000 $10,581,000 $10,581,000 $10,581,000 $10,581,000 -3.48%
($60,000,000) ($3,332,000) ($3,332,000) ($3,332,000) ($3,332,000) ($3,332,000) ($3,332,000) -99.99%
($65,000,000) ($3,923,167) ($3,923,167) ($3,923,167) ($3,923,167) ($3,923,167) ($3,923,167) -99.99%
($65,000,000) $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 74.19%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($65,000,000) $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 48.50%
($65,000,000) $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 40.15%
($65,000,000) $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 -99.99%
($65,000,000) $27,426,833 $27,426,833 $27,426,833 $27,426,833 $27,426,833 $27,426,833 35.32%
($65,000,000) $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 74.19%
($65,000,000) $79,451,333 $79,451,333 $79,451,333 $79,451,333 $79,451,333 $79,451,333 121.19%
($65,000,000) $69,340,133 $69,340,133 $69,340,133 $69,340,133 $69,340,133 $69,340,133 105.25%
($65,000,000) $11,207,333 $11,207,333 $11,207,333 $11,207,333 $11,207,333 $11,207,333 0.98%
($65,000,000) $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 65.58%
($60,000,000) $26,051,200 $26,051,200 $26,051,200 $26,051,200 $26,051,200 $26,051,200 36.79%
($65,000,000) $15,332,333 $15,332,333 $15,332,333 $15,332,333 $15,332,333 $15,332,333 10.93%
($65,000,000) $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 79.75%
($65,000,000) $61,515,833 $61,515,833 $61,515,833 $61,515,833 $61,515,833 $61,515,833 92.80%
($65,000,000) $39,785,333 $39,785,333 $39,785,333 $39,785,333 $39,785,333 $39,785,333 57.14%
($72,000,000) $20,217,000 $20,217,000 $20,217,000 $20,217,000 $20,217,000 $20,217,000 17.30%
($65,000,000) $54,635,333 $54,635,333 $54,635,333 $54,635,333 $54,635,333 $54,635,333 81.72%
($65,000,000) $19,655,333 $19,655,333 $19,655,333 $19,655,333 $19,655,333 $19,655,333 20.23%
($60,000,000) ($1,071,500) ($1,071,500) ($1,071,500) ($1,071,500) ($1,071,500) ($1,071,500) -99.99%
($72,000,000) $95,160,000 $95,160,000 $95,160,000 $95,160,000 $95,160,000 $95,160,000 131.30%
($65,000,000) $23,664,833 $23,664,833 $23,664,833 $23,664,833 $23,664,833 $23,664,833 28.21%
($72,000,000) $110,656,800 $110,656,800 $110,656,800 $110,656,800 $110,656,800 $110,656,800 153.11%
($65,000,000) $94,763,333 $94,763,333 $94,763,333 $94,763,333 $94,763,333 $94,763,333 145.12%
($65,000,000) $27,162,833 $27,162,833 $27,162,833 $27,162,833 $27,162,833 $27,162,833 34.83%
($65,000,000) $46,081,733 $46,081,733 $46,081,733 $46,081,733 $46,081,733 $46,081,733 67.71%
($65,000,000) $80,507,333 $80,507,333 $80,507,333 $80,507,333 $80,507,333 $80,507,333 122.85%
($65,000,000) $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 67.14%
($65,000,000) $16,012,133 $16,012,133 $16,012,133 $16,012,133 $16,012,133 $16,012,133 12.45%
($65,000,000) $14,259,833 $14,259,833 $14,259,833 $14,259,833 $14,259,833 $14,259,833 8.47%
($65,000,000) $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 $53,420,933 79.75%
($65,000,000) $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 15.79%
($65,000,000) $16,962,533 $16,962,533 $16,962,533 $16,962,533 $16,962,533 $16,962,533 14.54%
($65,000,000) $41,461,733 $41,461,733 $41,461,733 $41,461,733 $41,461,733 $41,461,733 59.98%
($60,000,000) $26,051,200 $26,051,200 $26,051,200 $26,051,200 $26,051,200 $26,051,200 36.79%
($65,000,000) $49,421,333 $49,421,333 $49,421,333 $49,421,333 $49,421,333 $49,421,333 73.22%
($65,000,000) $34,637,333 $34,637,333 $34,637,333 $34,637,333 $34,637,333 $34,637,333 48.27%
($65,000,000) $141,359,333 $141,359,333 $141,359,333 $141,359,333 $141,359,333 $141,359,333 217.26%
($65,000,000) $66,700,133 $66,700,133 $66,700,133 $66,700,133 $66,700,133 $66,700,133 101.06%
($65,000,000) $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 104.33%
($65,000,000) $26,334,533 $26,334,533 $26,334,533 $26,334,533 $26,334,533 $26,334,533 33.29%
($60,000,000) $32,440,000 $32,440,000 $32,440,000 $32,440,000 $32,440,000 $32,440,000 49.16%
($65,000,000) $51,797,333 $51,797,333 $51,797,333 $51,797,333 $51,797,333 $51,797,333 77.11%
($65,000,000) $37,026,533 $37,026,533 $37,026,533 $37,026,533 $37,026,533 $37,026,533 52.42%
($65,000,000) $20,632,133 $20,632,133 $20,632,133 $20,632,133 $20,632,133 $20,632,133 22.22%
($65,000,000) $61,515,833 $61,515,833 $61,515,833 $61,515,833 $61,515,833 $61,515,833 92.80%
($65,000,000) $32,046,833 $32,046,833 $32,046,833 $32,046,833 $32,046,833 $32,046,833 43.70%
($65,000,000) $51,652,133 $51,652,133 $51,652,133 $51,652,133 $51,652,133 $51,652,133 76.87%
($72,000,000) ($7,932,000) ($7,932,000) ($7,932,000) ($7,932,000) ($7,932,000) ($7,932,000) -99.99%
($65,000,000) $90,143,333 $90,143,333 $90,143,333 $90,143,333 $90,143,333 $90,143,333 137.92%
($65,000,000) $137,795,333 $137,795,333 $137,795,333 $137,795,333 $137,795,333 $137,795,333 211.76%
($65,000,000) $116,807,333 $116,807,333 $116,807,333 $116,807,333 $116,807,333 $116,807,333 179.33%
($65,000,000) $116,147,333 $116,147,333 $116,147,333 $116,147,333 $116,147,333 $116,147,333 178.30%
($65,000,000) $34,950,833 $34,950,833 $34,950,833 $34,950,833 $34,950,833 $34,950,833 48.82%
($65,000,000) $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 48.50%
($72,000,000) $67,862,400 $67,862,400 $67,862,400 $67,862,400 $67,862,400 $67,862,400 92.39%
($60,000,000) $122,068,000 $122,068,000 $122,068,000 $122,068,000 $122,068,000 $122,068,000 203.18%
($65,000,000) $19,655,333 $19,655,333 $19,655,333 $19,655,333 $19,655,333 $19,655,333 20.23%
($65,000,000) $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 -99.99%
($60,000,000) $24,520,000 $24,520,000 $24,520,000 $24,520,000 $24,520,000 $24,520,000 33.72%
($60,000,000) $22,177,000 $22,177,000 $22,177,000 $22,177,000 $22,177,000 $22,177,000 28.91%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($65,000,000) $47,718,533 $47,718,533 $47,718,533 $47,718,533 $47,718,533 $47,718,533 70.42%
($65,000,000) $57,354,533 $57,354,533 $57,354,533 $57,354,533 $57,354,533 $57,354,533 86.11%
($60,000,000) $4,112,800 $4,112,800 $4,112,800 $4,112,800 $4,112,800 $4,112,800 -99.99%
($65,000,000) $67,465,733 $67,465,733 $67,465,733 $67,465,733 $67,465,733 $67,465,733 102.28%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($65,000,000) ($5,688,667) ($5,688,667) ($5,688,667) ($5,688,667) ($5,688,667) ($5,688,667) -99.99%
($65,000,000) $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 $17,543,333 15.79%
($65,000,000) $42,887,333 $42,887,333 $42,887,333 $42,887,333 $42,887,333 $42,887,333 62.38%
($65,000,000) $4,237,733 $4,237,733 $4,237,733 $4,237,733 $4,237,733 $4,237,733 -99.99%
($65,000,000) $90,143,333 $90,143,333 $90,143,333 $90,143,333 $90,143,333 $90,143,333 137.92%
($65,000,000) $7,676,333 $7,676,333 $7,676,333 $7,676,333 $7,676,333 $7,676,333 -9.04%
($60,000,000) $29,783,500 $29,783,500 $29,783,500 $29,783,500 $29,783,500 $29,783,500 44.09%
($65,000,000) $43,600,133 $43,600,133 $43,600,133 $43,600,133 $43,600,133 $43,600,133 63.58%
($65,000,000) $35,046,533 $35,046,533 $35,046,533 $35,046,533 $35,046,533 $35,046,533 48.99%
($60,000,000) $46,498,000 $46,498,000 $46,498,000 $46,498,000 $46,498,000 $46,498,000 74.78%
($65,000,000) $49,421,333 $49,421,333 $49,421,333 $49,421,333 $49,421,333 $49,421,333 73.22%
($65,000,000) $89,324,933 $89,324,933 $89,324,933 $89,324,933 $89,324,933 $89,324,933 136.64%
($60,000,000) $49,732,000 $49,732,000 $49,732,000 $49,732,000 $49,732,000 $49,732,000 80.49%
($65,000,000) $15,827,333 $15,827,333 $15,827,333 $15,827,333 $15,827,333 $15,827,333 12.04%
($65,000,000) $5,821,733 $5,821,733 $5,821,733 $5,821,733 $5,821,733 $5,821,733 -99.99%
($65,000,000) ($4,764,667) ($4,764,667) ($4,764,667) ($4,764,667) ($4,764,667) ($4,764,667) -99.99%
($65,000,000) $37,026,533 $37,026,533 $37,026,533 $37,026,533 $37,026,533 $37,026,533 52.42%
($65,000,000) $40,960,133 $40,960,133 $40,960,133 $40,960,133 $40,960,133 $40,960,133 59.14%
($60,000,000) $64,542,400 $64,542,400 $64,542,400 $64,542,400 $64,542,400 $64,542,400 106.17%
($65,000,000) $16,962,533 $16,962,533 $16,962,533 $16,962,533 $16,962,533 $16,962,533 14.54%
($60,000,000) $49,534,000 $49,534,000 $49,534,000 $49,534,000 $49,534,000 $49,534,000 80.14%
($72,000,000) $15,729,000 $15,729,000 $15,729,000 $15,729,000 $15,729,000 $15,729,000 8.33%
($65,000,000) $26,304,833 $26,304,833 $26,304,833 $26,304,833 $26,304,833 $26,304,833 33.23%
($65,000,000) $5,108,933 $5,108,933 $5,108,933 $5,108,933 $5,108,933 $5,108,933 -99.99%
($65,000,000) $79,081,733 $79,081,733 $79,081,733 $79,081,733 $79,081,733 $79,081,733 120.61%
($65,000,000) $59,994,533 $59,994,533 $59,994,533 $59,994,533 $59,994,533 $59,994,533 90.36%
($60,000,000) $78,244,000 $78,244,000 $78,244,000 $78,244,000 $78,244,000 $78,244,000 129.51%
($72,000,000) $7,248,000 $7,248,000 $7,248,000 $7,248,000 $7,248,000 $7,248,000 -12.75%
($65,000,000) $515,333 $515,333 $515,333 $515,333 $515,333 $515,333 -99.99%
($60,000,000) $59,711,200 $59,711,200 $59,711,200 $59,711,200 $59,711,200 $59,711,200 97.86%
($60,000,000) $61,232,500 $61,232,500 $61,232,500 $61,232,500 $61,232,500 $61,232,500 100.48%
($65,000,000) $13,187,333 $13,187,333 $13,187,333 $13,187,333 $13,187,333 $13,187,333 5.92%
($65,000,000) $15,827,333 $15,827,333 $15,827,333 $15,827,333 $15,827,333 $15,827,333 12.04%
($72,000,000) $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 35.46%
($65,000,000) $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 37.54%
($65,000,000) $34,686,833 $34,686,833 $34,686,833 $34,686,833 $34,686,833 $34,686,833 48.36%
($65,000,000) $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 65.58%
($60,000,000) $17,029,000 $17,029,000 $17,029,000 $17,029,000 $17,029,000 $17,029,000 17.71%
($65,000,000) $82,091,333 $82,091,333 $82,091,333 $82,091,333 $82,091,333 $82,091,333 125.33%
($65,000,000) $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 191.98%
($60,000,000) $78,244,000 $78,244,000 $78,244,000 $78,244,000 $78,244,000 $78,244,000 129.51%
($65,000,000) $36,749,333 $36,749,333 $36,749,333 $36,749,333 $36,749,333 $36,749,333 51.94%
($65,000,000) $13,688,933 $13,688,933 $13,688,933 $13,688,933 $13,688,933 $13,688,933 7.12%
($65,000,000) $15,431,333 $15,431,333 $15,431,333 $15,431,333 $15,431,333 $15,431,333 11.15%
($60,000,000) $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 41.31%
($65,000,000) $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 -1.38%
($65,000,000) $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 $124,991,333 191.98%
($72,000,000) $16,224,000 $16,224,000 $16,224,000 $16,224,000 $16,224,000 $16,224,000 9.36%
($72,000,000) $170,215,200 $170,215,200 $170,215,200 $170,215,200 $170,215,200 $170,215,200 236.25%
($65,000,000) $67,465,733 $67,465,733 $67,465,733 $67,465,733 $67,465,733 $67,465,733 102.28%
($65,000,000) $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 63.31%
($65,000,000) $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 $74,461,733 113.34%
($65,000,000) $30,611,333 $30,611,333 $30,611,333 $30,611,333 $30,611,333 $30,611,333 41.14%
($65,000,000) $46,995,833 $46,995,833 $46,995,833 $46,995,833 $46,995,833 $46,995,833 69.22%
($65,000,000) $41,765,333 $41,765,333 $41,765,333 $41,765,333 $41,765,333 $41,765,333 60.49%
($65,000,000) $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 37.54%
($65,000,000) $6,554,333 $6,554,333 $6,554,333 $6,554,333 $6,554,333 $6,554,333 -12.71%
($65,000,000) $19,952,333 $19,952,333 $19,952,333 $19,952,333 $19,952,333 $19,952,333 20.83%
($65,000,000) $59,994,533 $59,994,533 $59,994,533 $59,994,533 $59,994,533 $59,994,533 90.36%
($65,000,000) $25,859,333 $25,859,333 $25,859,333 $25,859,333 $25,859,333 $25,859,333 32.40%
($65,000,000) $28,842,533 $28,842,533 $28,842,533 $28,842,533 $28,842,533 $28,842,533 37.93%
($60,000,000) $113,884,000 $113,884,000 $113,884,000 $113,884,000 $113,884,000 $113,884,000 189.48%
($65,000,000) $99,145,733 $99,145,733 $99,145,733 $99,145,733 $99,145,733 $99,145,733 151.94%
($60,000,000) $49,138,000 $49,138,000 $49,138,000 $49,138,000 $49,138,000 $49,138,000 79.44%
($65,000,000) $101,785,733 $101,785,733 $101,785,733 $101,785,733 $101,785,733 $101,785,733 156.04%
($65,000,000) $50,041,733 $50,041,733 $50,041,733 $50,041,733 $50,041,733 $50,041,733 74.24%
($65,000,000) $133,175,333 $133,175,333 $133,175,333 $133,175,333 $133,175,333 $133,175,333 204.63%
($72,000,000) $33,648,000 $33,648,000 $33,648,000 $33,648,000 $33,648,000 $33,648,000 40.71%
($60,000,000) $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 $28,348,000 41.31%
($65,000,000) $118,787,333 $118,787,333 $118,787,333 $118,787,333 $118,787,333 $118,787,333 182.39%
($65,000,000) ($1,464,667) ($1,464,667) ($1,464,667) ($1,464,667) ($1,464,667) ($1,464,667) -99.99%
($65,000,000) $143,339,333 $143,339,333 $143,339,333 $143,339,333 $143,339,333 $143,339,333 220.32%
($65,000,000) $17,411,333 $17,411,333 $17,411,333 $17,411,333 $17,411,333 $17,411,333 15.51%
($65,000,000) $71,320,133 $71,320,133 $71,320,133 $71,320,133 $71,320,133 $71,320,133 108.38%
($65,000,000) $114,167,333 $114,167,333 $114,167,333 $114,167,333 $114,167,333 $114,167,333 175.24%
($65,000,000) $17,312,333 $17,312,333 $17,312,333 $17,312,333 $17,312,333 $17,312,333 15.30%
($65,000,000) $47,375,333 $47,375,333 $47,375,333 $47,375,333 $47,375,333 $47,375,333 69.85%
($65,000,000) $47,375,333 $47,375,333 $47,375,333 $47,375,333 $47,375,333 $47,375,333 69.85%
($65,000,000) $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 $4,607,333 -99.99%
($65,000,000) $42,161,333 $42,161,333 $42,161,333 $42,161,333 $42,161,333 $42,161,333 61.16%
($60,000,000) $3,954,400 $3,954,400 $3,954,400 $3,954,400 $3,954,400 $3,954,400 -99.99%
($65,000,000) $4,739,333 $4,739,333 $4,739,333 $4,739,333 $4,739,333 $4,739,333 -99.99%
($72,000,000) $1,044,000 $1,044,000 $1,044,000 $1,044,000 $1,044,000 $1,044,000 -99.99%
($60,000,000) $29,800,000 $29,800,000 $29,800,000 $29,800,000 $29,800,000 $29,800,000 44.13%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($65,000,000) $30,611,333 $30,611,333 $30,611,333 $30,611,333 $30,611,333 $30,611,333 41.14%
($65,000,000) $66,594,533 $66,594,533 $66,594,533 $66,594,533 $66,594,533 $66,594,533 100.89%
($72,000,000) $47,772,000 $47,772,000 $47,772,000 $47,772,000 $47,772,000 $47,772,000 62.78%
($65,000,000) $13,550,333 $13,550,333 $13,550,333 $13,550,333 $13,550,333 $13,550,333 6.79%
($65,000,000) $46,768,133 $46,768,133 $46,768,133 $46,768,133 $46,768,133 $46,768,133 68.85%
($65,000,000) ($4,104,667) ($4,104,667) ($4,104,667) ($4,104,667) ($4,104,667) ($4,104,667) -99.99%
($65,000,000) $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 -99.99%
($65,000,000) $41,897,333 $41,897,333 $41,897,333 $41,897,333 $41,897,333 $41,897,333 60.72%
($65,000,000) $49,421,333 $49,421,333 $49,421,333 $49,421,333 $49,421,333 $49,421,333 73.22%
($65,000,000) $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 -99.99%
($60,000,000) $94,480,000 $94,480,000 $94,480,000 $94,480,000 $94,480,000 $94,480,000 156.92%
($65,000,000) $52,681,733 $52,681,733 $52,681,733 $52,681,733 $52,681,733 $52,681,733 78.55%
($60,000,000) $9,340,000 $9,340,000 $9,340,000 $9,340,000 $9,340,000 $9,340,000 -1.92%
($65,000,000) $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 $50,015,333 74.19%
($72,000,000) $80,904,000 $80,904,000 $80,904,000 $80,904,000 $80,904,000 $80,904,000 111.10%
($65,000,000) $41,461,733 $41,461,733 $41,461,733 $41,461,733 $41,461,733 $41,461,733 59.98%
($65,000,000) $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 $45,738,533 67.14%
($65,000,000) $19,902,833 $19,902,833 $19,902,833 $19,902,833 $19,902,833 $19,902,833 20.73%
($60,000,000) $59,711,200 $59,711,200 $59,711,200 $59,711,200 $59,711,200 $59,711,200 97.86%
($65,000,000) $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 104.33%
($65,000,000) $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 77.43%
($65,000,000) $59,994,533 $59,994,533 $59,994,533 $59,994,533 $59,994,533 $59,994,533 90.36%
($65,000,000) $21,635,333 $21,635,333 $21,635,333 $21,635,333 $21,635,333 $21,635,333 24.23%
($65,000,000) $44,788,133 $44,788,133 $44,788,133 $44,788,133 $44,788,133 $44,788,133 65.56%
($65,000,000) $107,620,133 $107,620,133 $107,620,133 $107,620,133 $107,620,133 $107,620,133 165.09%
($65,000,000) $16,899,833 $16,899,833 $16,899,833 $16,899,833 $16,899,833 $16,899,833 14.40%
($65,000,000) $50,625,833 $50,625,833 $50,625,833 $50,625,833 $50,625,833 $50,625,833 75.19%
($65,000,000) $107,593,733 $107,593,733 $107,593,733 $107,593,733 $107,593,733 $107,593,733 165.05%
($65,000,000) $24,803,333 $24,803,333 $24,803,333 $24,803,333 $24,803,333 $24,803,333 30.40%
($72,000,000) $112,636,800 $112,636,800 $112,636,800 $112,636,800 $112,636,800 $112,636,800 155.88%
($60,000,000) $78,798,400 $78,798,400 $78,798,400 $78,798,400 $78,798,400 $78,798,400 130.45%
($65,000,000) $10,679,333 $10,679,333 $10,679,333 $10,679,333 $10,679,333 $10,679,333 -0.41%
($60,000,000) $107,336,800 $107,336,800 $107,336,800 $107,336,800 $107,336,800 $107,336,800 178.51%
($60,000,000) $11,584,000 $11,584,000 $11,584,000 $11,584,000 $11,584,000 $11,584,000 4.37%
($65,000,000) $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 $4,396,133 -99.99%
($65,000,000) $6,471,833 $6,471,833 $6,471,833 $6,471,833 $6,471,833 $6,471,833 -99.99%
($65,000,000) $97,271,333 $97,271,333 $97,271,333 $97,271,333 $97,271,333 $97,271,333 149.02%
($65,000,000) $64,614,533 $64,614,533 $64,614,533 $64,614,533 $64,614,533 $64,614,533 97.74%
($65,000,000) $64,825,733 $64,825,733 $64,825,733 $64,825,733 $64,825,733 $64,825,733 98.08%
($65,000,000) $24,275,333 $24,275,333 $24,275,333 $24,275,333 $24,275,333 $24,275,333 29.39%
($60,000,000) $43,316,800 $43,316,800 $43,316,800 $43,316,800 $43,316,800 $43,316,800 69.11%
($65,000,000) $169,818,533 $169,818,533 $169,818,533 $169,818,533 $169,818,533 $169,818,533 261.14%
($65,000,000) $20,288,933 $20,288,933 $20,288,933 $20,288,933 $20,288,933 $20,288,933 21.52%
($65,000,000) $78,527,333 $78,527,333 $78,527,333 $78,527,333 $78,527,333 $78,527,333 119.74%
($72,000,000) $6,772,800 $6,772,800 $6,772,800 $6,772,800 $6,772,800 $6,772,800 -99.99%
($65,000,000) $31,188,833 $31,188,833 $31,188,833 $31,188,833 $31,188,833 $31,188,833 42.17%
($65,000,000) $4,739,333 $4,739,333 $4,739,333 $4,739,333 $4,739,333 $4,739,333 -99.99%
($65,000,000) $64,614,533 $64,614,533 $64,614,533 $64,614,533 $64,614,533 $64,614,533 97.74%
($65,000,000) $47,490,833 $47,490,833 $47,490,833 $47,490,833 $47,490,833 $47,490,833 70.04%
($65,000,000) $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 $46,781,333 68.87%
($65,000,000) ($8,328,667) ($8,328,667) ($8,328,667) ($8,328,667) ($8,328,667) ($8,328,667) -99.99%
($60,000,000) $94,242,400 $94,242,400 $94,242,400 $94,242,400 $94,242,400 $94,242,400 156.52%
($60,000,000) $30,641,500 $30,641,500 $30,641,500 $30,641,500 $30,641,500 $30,641,500 45.74%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($65,000,000) $76,520,933 $76,520,933 $76,520,933 $76,520,933 $76,520,933 $76,520,933 116.58%
($65,000,000) $51,440,933 $51,440,933 $51,440,933 $51,440,933 $51,440,933 $51,440,933 76.52%
($65,000,000) $3,831,833 $3,831,833 $3,831,833 $3,831,833 $3,831,833 $3,831,833 -99.99%
($65,000,000) $76,019,333 $76,019,333 $76,019,333 $76,019,333 $76,019,333 $76,019,333 115.79%
($65,000,000) $112,240,133 $112,240,133 $112,240,133 $112,240,133 $112,240,133 $112,240,133 172.25%
($65,000,000) $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 65.58%
($65,000,000) $30,400,133 $30,400,133 $30,400,133 $30,400,133 $30,400,133 $30,400,133 40.76%
($65,000,000) $24,354,533 $24,354,533 $24,354,533 $24,354,533 $24,354,533 $24,354,533 29.54%
($65,000,000) $177,078,533 $177,078,533 $177,078,533 $177,078,533 $177,078,533 $177,078,533 272.33%
($65,000,000) $15,332,333 $15,332,333 $15,332,333 $15,332,333 $15,332,333 $15,332,333 10.93%
($65,000,000) $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 48.50%
($65,000,000) $44,355,833 $44,355,833 $44,355,833 $44,355,833 $44,355,833 $44,355,833 64.84%
($65,000,000) $20,632,133 $20,632,133 $20,632,133 $20,632,133 $20,632,133 $20,632,133 22.22%
($65,000,000) $80,507,333 $80,507,333 $80,507,333 $80,507,333 $80,507,333 $80,507,333 122.85%
($60,000,000) $6,964,000 $6,964,000 $6,964,000 $6,964,000 $6,964,000 $6,964,000 -9.45%
($65,000,000) $36,551,333 $36,551,333 $36,551,333 $36,551,333 $36,551,333 $36,551,333 51.60%
($60,000,000) $92,500,000 $92,500,000 $92,500,000 $92,500,000 $92,500,000 $92,500,000 153.59%
($65,000,000) $24,522,833 $24,522,833 $24,522,833 $24,522,833 $24,522,833 $24,522,833 29.86%
($60,000,000) $15,544,000 $15,544,000 $15,544,000 $15,544,000 $15,544,000 $15,544,000 14.27%
($65,000,000) $4,871,333 $4,871,333 $4,871,333 $4,871,333 $4,871,333 $4,871,333 -99.99%
($72,000,000) $63,242,400 $63,242,400 $63,242,400 $63,242,400 $63,242,400 $63,242,400 85.69%
($65,000,000) $27,443,333 $27,443,333 $27,443,333 $27,443,333 $27,443,333 $27,443,333 35.35%
($65,000,000) $21,714,533 $21,714,533 $21,714,533 $21,714,533 $21,714,533 $21,714,533 24.39%
($65,000,000) $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 111.63%
($60,000,000) $22,645,600 $22,645,600 $22,645,600 $22,645,600 $22,645,600 $22,645,600 29.88%
($72,000,000) $23,325,600 $23,325,600 $23,325,600 $23,325,600 $23,325,600 $23,325,600 23.08%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($65,000,000) $15,200,333 $15,200,333 $15,200,333 $15,200,333 $15,200,333 $15,200,333 10.63%
($65,000,000) $92,783,333 $92,783,333 $92,783,333 $92,783,333 $92,783,333 $92,783,333 142.03%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($60,000,000) $26,962,000 $26,962,000 $26,962,000 $26,962,000 $26,962,000 $26,962,000 38.60%
($60,000,000) $59,252,500 $59,252,500 $59,252,500 $59,252,500 $59,252,500 $59,252,500 97.07%
($65,000,000) $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 48.50%
($65,000,000) $2,577,833 $2,577,833 $2,577,833 $2,577,833 $2,577,833 $2,577,833 -99.99%
($65,000,000) $13,187,333 $13,187,333 $13,187,333 $13,187,333 $13,187,333 $13,187,333 5.92%
($65,000,000) $19,655,333 $19,655,333 $19,655,333 $19,655,333 $19,655,333 $19,655,333 20.23%
($65,000,000) $6,376,133 $6,376,133 $6,376,133 $6,376,133 $6,376,133 $6,376,133 -99.99%
($60,000,000) $3,631,000 $3,631,000 $3,631,000 $3,631,000 $3,631,000 $3,631,000 -99.99%
($65,000,000) $27,760,133 $27,760,133 $27,760,133 $27,760,133 $27,760,133 $27,760,133 35.94%
($60,000,000) $46,894,000 $46,894,000 $46,894,000 $46,894,000 $46,894,000 $46,894,000 75.48%
($65,000,000) $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 63.31%
($65,000,000) $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 40.15%
($65,000,000) $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 $71,399,333 108.51%
($65,000,000) $84,071,333 $84,071,333 $84,071,333 $84,071,333 $84,071,333 $84,071,333 128.43%
($72,000,000) $912,000 $912,000 $912,000 $912,000 $912,000 $912,000 -99.99%
($65,000,000) $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 $44,801,333 65.58%
($65,000,000) $52,681,733 $52,681,733 $52,681,733 $52,681,733 $52,681,733 $52,681,733 78.55%
($65,000,000) $8,672,933 $8,672,933 $8,672,933 $8,672,933 $8,672,933 $8,672,933 -6.01%
($60,000,000) $30,328,000 $30,328,000 $30,328,000 $30,328,000 $30,328,000 $30,328,000 45.14%
($72,000,000) $5,004,000 $5,004,000 $5,004,000 $5,004,000 $5,004,000 $5,004,000 -99.99%
($65,000,000) $97,271,333 $97,271,333 $97,271,333 $97,271,333 $97,271,333 $97,271,333 149.02%
($65,000,000) $47,718,533 $47,718,533 $47,718,533 $47,718,533 $47,718,533 $47,718,533 70.42%
($65,000,000) $30,400,133 $30,400,133 $30,400,133 $30,400,133 $30,400,133 $30,400,133 40.76%
($60,000,000) $71,116,000 $71,116,000 $71,116,000 $71,116,000 $71,116,000 $71,116,000 117.40%
($60,000,000) $109,976,800 $109,976,800 $109,976,800 $109,976,800 $109,976,800 $109,976,800 182.94%
($72,000,000) $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 35.46%
($72,000,000) $93,180,000 $93,180,000 $93,180,000 $93,180,000 $93,180,000 $93,180,000 128.51%
($65,000,000) $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 $10,316,333 -1.38%
($60,000,000) $4,825,600 $4,825,600 $4,825,600 $4,825,600 $4,825,600 $4,825,600 -99.99%
($65,000,000) $97,165,733 $97,165,733 $97,165,733 $97,165,733 $97,165,733 $97,165,733 148.86%
($72,000,000) $13,089,000 $13,089,000 $13,089,000 $13,089,000 $13,089,000 $13,089,000 2.54%
($65,000,000) $32,723,333 $32,723,333 $32,723,333 $32,723,333 $32,723,333 $32,723,333 44.91%
($65,000,000) $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 $28,631,333 37.54%
($60,000,000) $6,568,000 $6,568,000 $6,568,000 $6,568,000 $6,568,000 $6,568,000 -10.83%
($65,000,000) $43,494,533 $43,494,533 $43,494,533 $43,494,533 $43,494,533 $43,494,533 63.40%
($65,000,000) $145,979,333 $145,979,333 $145,979,333 $145,979,333 $145,979,333 $145,979,333 224.39%
($65,000,000) $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 $51,995,333 77.43%
($65,000,000) $78,527,333 $78,527,333 $78,527,333 $78,527,333 $78,527,333 $78,527,333 119.74%
($65,000,000) $36,604,133 $36,604,133 $36,604,133 $36,604,133 $36,604,133 $36,604,133 51.69%
($65,000,000) $44,355,833 $44,355,833 $44,355,833 $44,355,833 $44,355,833 $44,355,833 64.84%
($65,000,000) $99,911,333 $99,911,333 $99,911,333 $99,911,333 $99,911,333 $99,911,333 153.13%
($65,000,000) $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 $73,379,333 111.63%
($65,000,000) $112,240,133 $112,240,133 $112,240,133 $112,240,133 $112,240,133 $112,240,133 172.25%
($72,000,000) $50,412,000 $50,412,000 $50,412,000 $50,412,000 $50,412,000 $50,412,000 66.76%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($65,000,000) $24,908,933 $24,908,933 $24,908,933 $24,908,933 $24,908,933 $24,908,933 30.60%
($65,000,000) $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 $34,769,333 48.50%
($65,000,000) $67,785,833 $67,785,833 $67,785,833 $67,785,833 $67,785,833 $67,785,833 102.79%
($72,000,000) $31,008,000 $31,008,000 $31,008,000 $31,008,000 $31,008,000 $31,008,000 36.37%
($65,000,000) $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 $61,974,533 93.53%
($65,000,000) $71,630,333 $71,630,333 $71,630,333 $71,630,333 $71,630,333 $71,630,333 108.87%
($72,000,000) $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 35.46%
($60,000,000) $29,783,500 $29,783,500 $29,783,500 $29,783,500 $29,783,500 $29,783,500 44.09%
($60,000,000) $34,763,200 $34,763,200 $34,763,200 $34,763,200 $34,763,200 $34,763,200 53.51%
($65,000,000) $597,833 $597,833 $597,833 $597,833 $597,833 $597,833 -99.99%
($65,000,000) $35,808,833 $35,808,833 $35,808,833 $35,808,833 $35,808,833 $35,808,833 50.31%
($60,000,000) $75,736,000 $75,736,000 $75,736,000 $75,736,000 $75,736,000 $75,736,000 125.26%
($65,000,000) $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 $30,066,833 40.15%
($72,000,000) $59,932,500 $59,932,500 $59,932,500 $59,932,500 $59,932,500 $59,932,500 80.86%
($65,000,000) $1,851,833 $1,851,833 $1,851,833 $1,851,833 $1,851,833 $1,851,833 -99.99%
($65,000,000) $9,227,333 $9,227,333 $9,227,333 $9,227,333 $9,227,333 $9,227,333 -4.40%
($72,000,000) $76,647,000 $76,647,000 $76,647,000 $76,647,000 $76,647,000 $76,647,000 105.02%
($60,000,000) $41,178,400 $41,178,400 $41,178,400 $41,178,400 $41,178,400 $41,178,400 65.26%
($60,000,000) $111,244,000 $111,244,000 $111,244,000 $111,244,000 $111,244,000 $111,244,000 185.06%
($65,000,000) $8,534,333 $8,534,333 $8,534,333 $8,534,333 $8,534,333 $8,534,333 -6.42%
($65,000,000) $25,463,333 $25,463,333 $25,463,333 $25,463,333 $25,463,333 $25,463,333 31.65%
($65,000,000) $16,355,333 $16,355,333 $16,355,333 $16,355,333 $16,355,333 $16,355,333 13.21%
($65,000,000) $9,227,333 $9,227,333 $9,227,333 $9,227,333 $9,227,333 $9,227,333 -4.40%
($72,000,000) $912,000 $912,000 $912,000 $912,000 $912,000 $912,000 -99.99%
($60,000,000) $141,076,000 $141,076,000 $141,076,000 $141,076,000 $141,076,000 $141,076,000 234.96%
($65,000,000) ($656,167) ($656,167) ($656,167) ($656,167) ($656,167) ($656,167) -99.99%
($65,000,000) $9,728,933 $9,728,933 $9,728,933 $9,728,933 $9,728,933 $9,728,933 -2.99%
($65,000,000) $24,354,533 $24,354,533 $24,354,533 $24,354,533 $24,354,533 $24,354,533 29.54%
($60,000,000) $22,988,800 $22,988,800 $22,988,800 $22,988,800 $22,988,800 $22,988,800 30.59%
($60,000,000) $7,393,000 $7,393,000 $7,393,000 $7,393,000 $7,393,000 $7,393,000 -8.00%
($65,000,000) $67,785,833 $67,785,833 $67,785,833 $67,785,833 $67,785,833 $67,785,833 102.79%
($65,000,000) $25,991,333 $25,991,333 $25,991,333 $25,991,333 $25,991,333 $25,991,333 32.65%
($65,000,000) $76,019,333 $76,019,333 $76,019,333 $76,019,333 $76,019,333 $76,019,333 115.79%
($65,000,000) $81,721,733 $81,721,733 $81,721,733 $81,721,733 $81,721,733 $81,721,733 124.75%
($60,000,000) $58,939,000 $58,939,000 $58,939,000 $58,939,000 $58,939,000 $58,939,000 96.53%
($65,000,000) $14,259,833 $14,259,833 $14,259,833 $14,259,833 $14,259,833 $14,259,833 8.47%
($72,000,000) $62,371,200 $62,371,200 $62,371,200 $62,371,200 $62,371,200 $62,371,200 84.43%
($60,000,000) $45,296,800 $45,296,800 $45,296,800 $45,296,800 $45,296,800 $45,296,800 72.64%
($60,000,000) $111,244,000 $111,244,000 $111,244,000 $111,244,000 $111,244,000 $111,244,000 185.06%
($65,000,000) $63,056,933 $63,056,933 $63,056,933 $63,056,933 $63,056,933 $63,056,933 95.26%
($60,000,000) $101,396,800 $101,396,800 $101,396,800 $101,396,800 $101,396,800 $101,396,800 168.54%
($65,000,000) $3,336,833 $3,336,833 $3,336,833 $3,336,833 $3,336,833 $3,336,833 -99.99%
($60,000,000) $80,224,000 $80,224,000 $80,224,000 $80,224,000 $80,224,000 $80,224,000 132.87%
($72,000,000) $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 $30,463,500 35.46%
($65,000,000) $94,763,333 $94,763,333 $94,763,333 $94,763,333 $94,763,333 $94,763,333 145.12%
($65,000,000) $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 $43,441,733 63.31%
($65,000,000) $94,525,733 $94,525,733 $94,525,733 $94,525,733 $94,525,733 $94,525,733 144.75%
($72,000,000) $60,391,200 $60,391,200 $60,391,200 $60,391,200 $60,391,200 $60,391,200 81.53%
($60,000,000) $27,265,600 $27,265,600 $27,265,600 $27,265,600 $27,265,600 $27,265,600 39.19%
($65,000,000) $47,177,333 $47,177,333 $47,177,333 $47,177,333 $47,177,333 $47,177,333 69.52%
($65,000,000) $59,535,833 $59,535,833 $59,535,833 $59,535,833 $59,535,833 $59,535,833 89.62%
($60,000,000) $59,252,500 $59,252,500 $59,252,500 $59,252,500 $59,252,500 $59,252,500 97.07%
($65,000,000) $33,964,133 $33,964,133 $33,964,133 $33,964,133 $33,964,133 $33,964,133 47.09%
($65,000,000) $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 $68,759,333 104.33%
($65,000,000) $27,548,933 $27,548,933 $27,548,933 $27,548,933 $27,548,933 $27,548,933 35.55%
($65,000,000) $54,635,333 $54,635,333 $54,635,333 $54,635,333 $54,635,333 $54,635,333 81.72%
($65,000,000) $110,075,333 $110,075,333 $110,075,333 $110,075,333 $110,075,333 $110,075,333 168.90%
($60,000,000) $113,884,000 $113,884,000 $113,884,000 $113,884,000 $113,884,000 $113,884,000 189.48%
($65,000,000) $53,315,333 $53,315,333 $53,315,333 $53,315,333 $53,315,333 $53,315,333 79.58%
($65,000,000) $149,543,333 $149,543,333 $149,543,333 $149,543,333 $149,543,333 $149,543,333 229.89%
Question 2
Table 3
Cumulative
NPV Bin IRR Frequency Ranges Frequency probability
$23,131,077 -50% 49
$126,605,246 -40% 0 -50% to -40% 0 9.80%
$115,221,685 -30% 0 -40% to -30% 0 9.80%
$152,513,501 -20% 0 -30% to -20% 0 9.80%
$54,510,641 -10% 4 -20% to -10% 4 10.60%
$274,738,125 0% 18 -10% to 0% 18 14.20%
$318,277,482 10% 14 0% to 10% 14 17.00%
$197,351,899 15% 15 10% to 15% 15 20.00%
$314,911,887 20% 13 15% to 20% 13 80.00%
$82,717,745 30% 28 20% to 30% 28 77.40%
$363,917,528 40% 35 30% to 40% 35 71.80%
$350,926,828 50% 43 40% to 50% 43 64.80%
$88,450,309 60% 16 50% to 60% 16 56.20%
$229,621,773 70% 42 60% to 70% 42 53.00%
$79,087,642 80% 41 70% to 80% 41 44.60%
$325,296,527 90% 17 80% to 90% 17 36.40%
$45,733,141 100% 28 90% to 100% 28 33.00%
$68,408,350 200% 124 100% to 200% 124 27.40%
$272,704,670 300% 13 200% to 300% 13 2.60%
$121,585,373 400% 0 300% to 400% 0 0.00%
$411,316,030 500% 0 400% to 500% 0 0.00%
$116,743,119 0
$315,262,987
$85,292,478
$95,006,245
$207,385,439
$244,909,253
$31,457,143
$288,199,914
$242,202,857
$316,519,026
$230,736,545
$228,041,823
$186,904,605
$183,803,221
$506,113,033
($20,171,258)
$165,253,437
$221,722,023
$350,575,728
$316,519,026
$88,450,309
$79,087,642
$154,135,270
$77,771,017
$82,452,351
$336,414,694
$147,405,853
$85,877,645
$229,621,773
$330,094,893
$153,769,541
$129,558,269
$327,052,027
$271,448,631
$420,093,530
$316,519,026
$47,491,596
$407,687,996
$110,423,318
$153,769,541
$101,692,661
$316,519,026
$207,385,439
$139,564,620
$330,094,893
$330,094,893
$413,074,485
$348,118,027
$198,607,938
$124,584,352
($25,218,320)
$335,158,654
$191,324,682
$284,408,004
$614,954,038
$77,831,603
$40,905,516
$211,774,189
$614,954,038
$325,296,527
$380,216,489
$225,001,911
$362,600,903
$51,292,225
$96,569,497
$411,316,030
$352,214,194
$164,671,226
$192,580,722
$290,774,647
$125,668,979
$54,510,641
$399,612,696
$208,336,335
$300,500,088
$213,061,556
$202,762,622
$126,925,019
$236,819,323
$410,059,990
$20,424,681
$20,424,681
$304,815,693
($36,921,654)
$274,738,125
$291,239,825
$77,771,017
$325,296,527
$74,918,330
$67,969,475
$217,113,835
$363,917,528
$162,912,770
$99,934,206
$463,395,865
$249,458,924
$554,096,702
$438,265,025
$154,135,270
$202,762,622
$230,499,523
$207,385,439
$306,574,148
$447,014,153
$487,536,060
$327,871,260
$45,733,141
$304,815,693
$223,172,379
$22,183,137
$517,816,367
$236,819,323
$126,925,019
$134,446,480
$16,986,827
$217,113,835
$207,080,295
$250,834,065
$27,009,876
$76,746,975
$1,028,474
$230,499,523
$181,579,588
$201,506,582
$554,096,702
($20,536,987)
$133,288,707
$133,288,707
$327,902,587
$213,061,556
$125,668,979
$155,527,996
$192,580,722
$85,877,645
$350,958,155
$46,906,430
($14,771,026)
($17,391,716)
$221,722,023
$274,738,125
$154,135,270
$133,288,707
$19,488,415
$121,585,373
$221,722,023
$352,214,194
$307,390,426
$49,683,016
$198,607,938
$115,487,079
$67,969,475
$236,819,323
$272,704,670
$176,371,604
$89,623,598
$242,202,857
$87,133,684
($4,750,047)
$421,851,986
$104,908,122
$490,550,555
$420,093,530
$120,415,040
$204,284,055
$356,895,528
$202,762,622
$70,983,084
$63,214,996
$236,819,323
$77,771,017
$75,196,284
$183,803,221
$115,487,079
$219,088,773
$153,550,103
$626,657,371
$295,687,092
$304,815,693
$116,743,119
$143,809,147
$229,621,773
$164,141,621
$91,463,918
$272,704,670
$142,066,207
$228,978,090
($35,163,199)
$399,612,696
$610,857,871
$517,816,367
$514,890,534
$154,939,874
$154,135,270
$300,839,514
$541,137,329
$87,133,684
$20,424,681
$108,699,146
$98,312,437
$274,738,125
$211,540,122
$254,257,291
$18,232,375
$299,081,059
$274,738,125
($25,218,320)
$77,771,017
$190,123,021
$18,786,215
$399,612,696
$34,029,807
$132,032,667
$193,282,922
$155,364,120
$206,129,399
$219,088,773
$395,984,663
$220,465,983
$70,163,850
$25,808,215
($21,122,154)
$164,141,621
$181,579,588
$286,121,686
$75,196,284
$219,588,233
$69,727,931
$116,611,456
$22,648,315
$350,575,728
$265,960,624
$346,861,988
$32,130,971
$2,284,514
$264,704,585
$271,448,631
$58,460,516
$70,163,850
$135,047,162
$126,925,019
$153,769,541
$198,607,938
$75,490,936
$363,917,528
$554,096,702
$346,861,988
$162,912,770
$60,684,150
$68,408,350
$125,668,979
$45,733,141
$554,096,702
$71,922,306
$754,577,765
$299,081,059
$192,580,722
$330,094,893
$135,702,519
$208,336,335
$185,149,105
$126,925,019
$29,055,890
$88,450,309
$265,960,624
$114,636,519
$127,861,286
$504,856,994
$439,521,064
$217,832,733
$451,224,398
$221,839,056
$590,377,037
$149,164,309
$125,668,979
$526,593,868
($6,492,986)
$635,434,872
$77,185,851
$316,167,926
$506,113,033
$76,746,975
$210,018,689
$210,018,689
$20,424,681
$186,904,605
$17,530,175
$21,009,848
$4,628,136
$132,105,813
$316,519,026
$135,702,519
$295,218,959
$211,777,144
$60,069,725
$207,326,922
($18,196,320)
$19,488,415
$185,734,271
$219,088,773
$19,488,415
$418,837,491
$233,542,390
$41,404,976
$221,722,023
$358,653,983
$183,803,221
$202,762,622
$88,230,872
$264,704,585
$304,815,693
$230,499,523
$265,960,624
$95,911,185
$198,549,422
$477,088,766
$74,918,330
$224,428,419
$476,971,732
$109,955,185
$499,328,055
$349,319,688
$47,342,349
$475,832,726
$51,352,810
$19,488,415
$28,690,161
$431,211,697
$286,441,458
$287,377,725
$107,614,518
$192,026,882
$752,819,309
$89,942,484
$348,118,027
$30,024,370
$138,262,624
$21,009,848
$286,441,458
$210,530,710
$207,385,439
($36,921,654)
$417,784,191
$135,836,251
$316,519,026
$339,223,494
$228,041,823
$16,986,827
$336,999,860
$497,569,600
$198,607,938
$134,766,253
$107,965,618
$785,003,477
$67,969,475
$154,135,270
$196,633,001
$91,463,918
$356,895,528
$30,871,976
$162,035,020
$410,059,990
$108,711,706
$68,907,811
$21,595,015
$280,358,680
$121,658,519
$96,262,285
$325,296,527
$100,389,779
$103,404,274
$316,519,026
$67,384,308
$411,316,030
$274,738,125
$119,524,729
$262,671,131
$154,135,270
$11,427,743
$58,460,516
$87,133,684
$28,265,915
$16,096,517
$123,062,919
$207,884,899
$192,580,722
$133,288,707
$316,519,026
$372,695,028
$4,042,969
$198,607,938
$233,542,390
$38,447,816
$134,446,480
$22,183,137
$431,211,697
$211,540,122
$134,766,253
$315,262,987
$487,536,060
$135,047,162
$413,074,485
$45,733,141
$21,392,275
$430,743,564
$58,024,597
$145,065,186
$126,925,019
$29,116,476
$192,814,788
$647,138,205
$230,499,523
$348,118,027
$162,269,087
$196,633,001
$442,915,031
$325,296,527
$497,569,600
$223,480,478
$274,738,125
$110,423,318
$154,135,270
$300,500,088
$137,460,975
$274,738,125
$317,543,068
$135,047,162
$132,032,667
$154,108,081
$2,650,243
$158,743,458
$335,743,821
$133,288,707
$265,685,626
$8,209,327
$40,905,516
$339,782,357
$182,547,182
$493,153,660
$37,833,391
$112,881,019
$72,504,517
$40,905,516
$4,042,969
$625,401,332
($2,908,840)
$43,129,149
$107,965,618
$101,911,212
$32,773,768
$300,500,088
$115,221,685
$336,999,860
$362,279,061
$261,281,360
$63,214,996
$276,496,580
$200,804,382
$493,153,660
$279,536,492
$449,500,225
$14,792,452
$355,639,488
$135,047,162
$420,093,530
$192,580,722
$419,040,230
$267,719,080
$120,870,613
$209,140,939
$263,927,170
$262,671,131
$150,565,753
$304,815,693
$122,126,652
$242,202,857
$487,972,866
$504,856,994
$236,351,190
$662,937,706

You might also like