Question: Answer in 2 hours if possible There's no more info to add, come up with a random project and do npv calculations You must come
Answer in 2 hours if possible

Question 3 (a) You decide to invest money to start a company to commercialise the project (software and/or hardware) you have developed for the EENG6000 module. Describe the project and its components, and explain why you think it is a good idea to commercialise it. Use the Net Present Value (NPV) formula to evaluate your investment, assuming it lasts five years. Consider how uncertainties may affect the NPV of your investment. In your own words, state and justify your assumptions and comment on your working. [13 marks] (b) Draw the year-3 Income Statement of the company mentioned in part (a) of the question. The Income Statement has to reflect the NPV you have elaborated in part (a) of the question. In your own words, state and justify your assumptions and comment on your working. [7 marks] Marks will be assigned for the clarity of your answers
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