Technoeconomic and Policy Analysis for Corn Stover Biofuels

Table 11

Case 4 results.

	Economic			Financial
	NPV	IRR (nominal)	𝐵/𝐶	NPV	IRR (nominal)	𝐵/𝐶
Expected value	$0	10.0%	1.00	$16,641,078	11.0%	1.09
Standard deviation	$20,684,124	0.7%	0.06	$15,051,080	0.9%	0.08
Max	$79,292,123	12.9%	1.23	$73,091,401	14.5%	1.38
Min	($86,537,333)	6.8%	0.75	($43,554,644)	7.3%	0.77
Probability of loss	50.2%			13.2%