Princips of Corporate Finance 英文第十版习题解答Chap010.docVIP

CHAPTER 10 Project Analysis Answers to Problem Sets 1. a. False b. True c. True 2. a. Cash-flow forecasts overstated. b. One project proposal may be ranked below another simply because cash flows are based on different forecasts. c. Project proposals may not consider strategic -alternatives. 3. a. Analysis of how project profitability and NPV change if different assumptions are made about sales, cost, and other key variables. b. Project NPV is recalculated by changing several inputs to new, but consistent, values. c. Determines the level