Financial managers are interested in present value of an investment opportunity because they are evaluating projects and investment options with the objective of maximizing shareholder value. In order to evaluate these projects and investment options, financial managers must work with the operating managers to determine which of the following items?

the estimated amounts and timing of cash outflows and inflows related to the project.

the estimated residual or scrap value of the project at the end of its useful life.

the amount of any sunk costs included in the cash flow amounts - i.e., amounts that have already incurred/expended and are therefore are not relevant to the go forward options (cash flows).

estimate an appropriate discount rate for each of the cash flows to arrive at a present value for the project.

All of the Above