EXPECTED VALUE OF PRESENT PHASE (MUS$) | PROBABILTY OF OCCURRENCE BETWEEN CONSECUTIVE PHASES | PHASE TIME | EXPENSES (MUS$) | EXPECTED VALUE PREVIOUS PHASE (MUS$) |
666 372 0 | 0.88 | 1 | 9 | {[0.47 × 666 +0.53 × 0]/1.05} - 9 |
(372 × 0.88)/1.10 298 | [298 × 1.05 - 0]/[666 - 0] 0.47 |
|
| 289 |
VALUE OF CURRENT PHASE | PROBABILITY OF NEUTRAL RISK | IN YEARS | IN MUS$ | VALUE OF PREVIOUS PHASE |