Question: Capital budgeting analysis involves the use of many estimates. Required: For each of the following estimation errors, state whether the net present value of the

analysis involves the use of many estimates.
Required:
For each of the following estimation errors, state whether the of the project will be too high or too low:
a. The investment is too high.
b. The is too low.
c. The cash flows from the project are too high.
d. The number of years over which the project will generate cash flows is too low.

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