The directors of company ABCD Ltd is planning to invest in a new project that will lasts for five years. Following a preliminary analysis on the market, the accountant of the firm has made the following forecast: The company cost of capital is 10%. Required: (a) Calculate the NPV. [ 4 Marks] (b) Calculate the sensitivity of the project in relation to: [10 Marks] (i) Sales Volume (ii) Selling price (iii) Variable costs (c) Discuss why it is important to take into consideration risk and uncertainty while appraising a project. [ 6 Marks]