Sensitivity Analysis to be Undertaken: 1) Discount rates at: 10% 12% 17% 2) Sales scenarios: sales increase by 10% each year sales decrease by 10% each year Test the sensitivity of the results to assumptions around the key variables, as identified on page 1 of the Assessment 3 Projects Considered (PDF file) and the sheets titled 'Sensitivity 1' and 'Sensitivity 2' Net incremental cashflow Sensitivity Analysis 1 Sensitivity Analysis 2 Changes rate 15% 10% 12% 17% 10% Sales plus 10% Sales Less Net Present Value 1.115 0.974 1.348 0.974 1.278 0.952 Payback Period 2.610 3.603 3.707 2.992 IRR 19.39% 17.35% 22.59% 17.35% 22.07% 16.68% PI 1.59 1.51 1.71 1.51 1.67 1.50