Question: Scenario analysis Refer to the narrative and data for Exercise 4.4 to complete this exercise. Required: 1. Prepare best case, worst case, and most likely

Scenario analysis Refer to the narrative and data for Exercise 4.4 to complete this exercise.

Required:

1. Prepare best case, worst case, and most likely case scenario analyses from the data input. What do these analyses imply about the viability of the proposed event centre?

2. Given the most likely case scenario, what is the most that the City of Rock Ridge can spend to acquire the land and build the event centre? What advice can you give the city council?

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