stion 24 yet wered graded Flag question BONUS Question#2 (1 point) Consider the following statement by a project analyst: "I analyzed my project using scenarios for the base case, best case, and worst case. I computed break-evens and did sensitivity analysis and simulation analysis. I computed NPV, IRR, payback, AAR, and Pl. In the end, I have over a hundred different estimates and am more confused than ever. I would have been better off just sticking with my first estimate and going by my gut reaction. Which of the following statements is correct? O a. The analyst is correct and should have stuck with the initial estimate and avoid this 'paralysis of analysis'. O b. The analyst is correct because the reasonableness of a project analysis is in the initial estimate. The analyst is wrong because the added analysis has given him the certainty to reject the project. O c. Od. The analyst is wrong because it is not his decision to accept or reject the project. Oe. If done properly, the added analysis should make the analyst better informed of the weaknesses and strengths of the project and more comfortable in making a recommendation or decision, not less so. 225