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Best Case Scenario
The most favorable or desirable outcome possible in a given situation.
Worst Case Scenario
the most adverse condition or outcome that can reasonably be projected.
Base Case
The default scenario in scenario analysis, used as a benchmark to compare the outcomes of alternative assumptions or actions.
NPV
Net Present Value, a calculation used to assess the profitability of an investment by summing the present values of all expected future cash flows minus the initial investment cost.
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