Intro to Financial Management Essay 3

Begin each writing assignment by identifying the question number you are answering followed by the actual question itself (in bold type).

 • Use a standard essay format for responses to all questions (i.e., an introduction, middle paragraphs and conclusion).

• All responses must be typed double-spaced, using a standard font (i.e. Times New Roman) and 12 point type size for ease of reading and grading.

• Undergraduate courses: 350 – 500 words or 1 – 2 pages.

Question 2. Explain how simulation works. What is the value in using a simulation approach? Unit 3