Q3

(c)(i) In your own words and understanding, discuss and explain in details the five most typical and common mistakes when making assumptions for and preparing cashflow projection for investment project proposal. (5 marks)

(c)(ii) In your own words and understanding, elaborate and explain with detailed justifications of your corresponding suggestions and solutions to resolve and deal with these five most typical and common mistakes to make more reasonable and realistic assumptions to prepare a relatively more sensible and accurate cashflow projection to analyse and appraise the investment project proposal. (10 marks)