Select a specific project, such as producing a new product (like the biojet fuel example we did in class together), expanding an existing product into new regions or markets, and so on. Decide on some basic parameters of the project, such as its duration and how to obtain funding (e.g., debt or equity). Then decide what tools to use for the analysis. Net Present Value (NPV) is a must, and you can choose 1-2 other tools such as Internal Rate of Return (IRR) and Payback Period analysis. Additional analysis is optional, but NPV is required. The analysis should include two parts: a baseline analysis and some sensitivity checks. Collect relevant data as needed for the analysis. This includes information such as discount rate, capital investment cost, revenues, tax cost, etc. This step is the most time-consuming, as all necessary data must have a clear source to show that your analysis is based on reasonable assumptions. For example, revenue might be estimated based on price and production volume, with price being the average of related products over the past three years, and production volume estimated based on market share and the scale of the project. Capital cost should be obtained from relevant literature. Explain and justify your data and parameter value selections. Conduct an NPV analysis. Then write an economic feasibility analysis report. The report should include the following core sections: 1) Executive summary; 2) Industry/Product Background; 3) Methods and Results, detailing how the NPV analysis was conducted, where the data came from, and the results of the analysis; 4) Discussion/Concluding remarks, explaining your recommendations, whether the project is feasible or not, and why. Discuss any limitations of your analysis and where improvements can be made.