Technoeconomic and Policy Analysis for Corn Stover Biofuels

Table 9

Case 2.

	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	$100,993,377	3.9%	0.29	$76,669,403	4.8%	0.40
Max	$427,930,098	22.8%	2.24	$339,121,179	26.9%	2.76
Min	($408,886,573)	−15.6%	−0.19	($295,088,669)	−13.6%	−0.53
Probability of loss	50.3%			40.8%