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Briefly discuss the certainty equivalent approach to estimating the NPV of a project.
Igneous Rocks
Rocks formed through the cooling and solidification of magma or lava.
Sedimentary Rock
A type of rock that forms from the accumulation and cementation of mineral and organic particles, often in layered deposits.
Magma
Molten rock located beneath the surface of the Earth, which can form intrusive or extrusive igneous rocks upon cooling.
Metamorphic Rock
Rock that has undergone transformation in texture, mineralogy, or chemical composition due to high temperature and pressure.
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