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1. In approximately 100 words, provide a brief explanation of each of the following terms which relate to cash ow estimation. Give one example for

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1. In approximately 100 words, provide a brief explanation of each of the following terms which relate to cash ow estimation. Give one example for each term. a. Sunk cost (2 points for explanation; 1 point for example; 3 points total) b. Opportunity cost (2 points for explanation; 1 point for example; 3 points total) 0. Strategic value (2 points for explanation; 1 point for example; 3 points total) 2. In approximately 150 words, respond to the following questions by explaining the concepts as well as citing one strength and one weakness of each: a. Explain the concept of sensitivity analysis and indicate one strength and one weakness of this type of analysis. (6 points for explanation; 1 point for strength; 1 point for weakness; 8 points total) b. Explain the concept of scenario analysis and indicate one strength and one weakness of this type of analysis. (6 points for explanation; 1 point for strength; 1 point for weakness; 8 points total)

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