Shelley Couts, the owner of Conch Republic Electronics, had received th capital budgeting analysis from Jay McCanless for the new smart phone the company is considering. Shelley was pleased with th results, but she still had concerns about the new smart phone. Conch Republic had used a small market research firm were entirely accurate. Additionally, becasue fo rapid changes in technolby, she was concerned that a competitor could ent4er the market This would likely force Conch Republic to lower the sales price of its new smart phone. For these reasons, she asked Jay to analyze how changes in the price of the new smart phone and changes in the quantity sold will affect the NPB of the project. 1) How sensitive is the NPV to changes in the price of the new smart phone? 2) How sensitive is the NPV to changes in the quantity sold of the new smart phone? How would I calculate the sensitivity analysis to obtain the answers to the questions asked. Is there a specific number or variable I need to enter if so? Also, is there a spreadsheet that was used for part 1, and do I use this for part II. What is the answer