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Q1. A hi-tech Indian start-up company is considering a new project related to development of Virtual Reality devices. The project is expected to develop headsets

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Q1. A hi-tech Indian start-up company is considering a new project related to development of Virtual Reality devices. The project is expected to develop headsets and other supporting technology for personal use which is portable and can be scaled to the commercial level. The founder of company wants a detailed evaluation of project in different scenarios (Most Likely, Pessimistic, Optimistic). The necessary information is provided below, you are to do the calculations and recommend whether project is viable in each scenario. (14 Marks)

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