Technoeconomic and Policy Analysis for Corn Stover Biofuels

Table 10

Case 3 results.

	Economic			Financial
	NPV	IRR (nominal)	𝐵/𝐶	NPV	IRR (nominal)	𝐵/𝐶
Expected value	$84,252,474	12.6%	1.24	$80,672,958	14.2%	1.42
Standard deviation	$100,675,911	3.1%	0.29	$76,305,318	3.8%	0.40
Max	$447,048,535	22.7%	2.30	$349,991,319	26.4%	2.81
Min	($268,437,824)	−5.0%	0.22	($190,303,825)	−8.1%	0.01
Probability of loss	20.7%			14.5%