Think about changes that happen in a project once it has been accepted and moving forward. Here are 3 potential scenarios. For each, describe what you expect to happen to a project's expected NPV, and WHY that is your expectation. (2 pts for each of the following). MBA students, just being able to calculate NPV isn't sufficient. You should be able to consider at the effects of various market or project changes on the project's viability. OK AT EACH SITUATION INDIVIDUALLY AND ASSUME THAT THERE ARE NO OTHER IANGES FOR THE FIRM. i. Your firm has a project with lower risk than your firm's "regular" project. The project has been tentatively accepted for development, assuming a required rate of return of 11%. That required rate of return was estimated one year ago, before the FED began its interest rate hikes. The risk-free rate has increased by 2.5% from that used in the original projection. ii. Your firm recently acquired a company that has a new technology that is expected to decrease the operating costs on one of your large projects for the remaining 10 years of the project. iii. It has just been discovered that the site of one of your firm's projects will require a major cleanup and remediation at the end of the project's life (in 5 years)