Question $2.$ Consider the "clear" option: Position the upcoming television channel as a news

channel.

$2\mathrm{.}1.$ With the available information, estimate the expected revenue that Maledia Broadcasting

Limited $($MBL$)$ could generate from the new television channel in the first year of operation.

Call this the baseline estimate.

$2\mathrm{.}2.$ Prepare projected financial statements for MBL for the first six years.

$2\mathrm{.}3.$ Estimate the cost of capital, NPV of MBL$,$ and assess the financial viability of the project.

What are the most critical assumptions underlying these estimates? How can MBL validate

these assumptions?

$2\mathrm{.}4.$ Consider the potential risks associated with the project's revenue estimates. Samjad has

identified three potential scenarios as follows:

Determine the net present value $($NPV$)$ of the channel for each scenario, the expected NPV$,$

and provide an assessment of the results.

Using excel