$1)(4$ points$)$ How does real options theory contribute to the process of capital budgeting and what are some of the shortfalls? $2)(4$ points$)$ What are the disadvantages of applying DCF for capital projects to actual companies? $3)(5$ points$)$ After reading through the three cases in the second article on applying the DCF model. consider Tesla as a fourth example. $($A Value Line of Tesla with a brief analysis of the company and its prospects is attached above$).$ If you had applied traditional NPV of discounted cash flows to Tesla, what are the likely shortcomings of this method for a dynamic growth company such as Tesla? Think of Tesla as a market disruptor to the status quo.