SL POSL Question Consider the following scenario. SMS is evaluating new synthetic steel to determine whether the company should invest in its production, and Mary is in charge of estimating the cash flows that the project will produce. Mary finds herself in a situation that is not uncommon in business: her boss seems to think that SMS should invest in the synthetic steel, and he told Mary that he doesn't like her original cash flow estimates. As a result, Mary's boss asked her to reconsider her forecasts. Mary decided to change her numbers to accommodate the boss, even though she believes that the growth rate needed to attain the revised cash flows is unrealistic. It appears that when the revised cash flows are used in the final investment analysis, the project's NPV and IRR will indicate that SMS should invest in the synthetic steel production process. However, if SMS bases its decision on "bad numbers and invests the billions of dollars that are necessary, in the future it will discover that the project actually should have been rejected. And, it is possible that this discovery will come too late for the firm to correct its mistake, in which case the firm might find itself in serious financial trouble. 1. Was it appropriate for Mary's boss do request that she change her cash flow estimates? 2. What would you do if you were Mary