Guaranteed 10 points for the answer to this Economics question!!!?

A simulation model has been constructed by the X Corporation to evaluate the largest of its new investment proposals. After many iterations of the model, X Corp. has arrived at an expected net present value (NPV) of $4.2 million with a standard deviation of $2.4 million. The net present value probability distribution is approximately normal.

a) Determine the probability that the project will have a negative NPV.
b) Determine the probability that the NPV will be less than $1.0 million.

Please explain and show any work. Thanks. This question is killing me.

P = Probability z=z score
A) P(z<(0-4.2)/2.4)=P(z<1.75)
a z score of 1.75 gives you a probability of 4.01%

B) P(z<(1.0-4.2)/2.4)=P(z<1.33)
a z score of 1.33 gives you a probability of 9.18%

Thanks for the 10 points. Now do your own homework.

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