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Jewel Company is planning to expand its operations by investing in new machinery to mass produce candy bars instead of manual production. Relevant financial data

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Jewel Company is planning to expand its operations by investing in new machinery to mass produce candy bars instead of manual production. Relevant financial data for considerations are as follows: The management thinks that sales quantity, price, and variable costs are quite uncertain in the near future and may experience a plus or minus of 10 percent change from its base level subject to changes in the market conditions. i) Determine the upper bound and lower bound for each of the variables involved. (3 marks) ii) Calculate the NPV for the base case and best case scenario. (4 marks) iii) Determine the degree of operating leverage (DOL) and price sensitivity of the proposed project. (7 marks)

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