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(a) As a shareholder of a firm that is contemplating a new project, would you be more concerned with the accounting break-even point, the
(a) As a shareholder of a firm that is contemplating a new project, would you be more concerned with the accounting break-even point, the cash break-even point, or the financial break-even point? Why? Explain all these break even points. (b) What is scenario, sensitivity and simulation analysis? Why they are necessary?
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