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 nominal cost of capital is 15%. Required: (a) Calculate the NPV (ignored taxation). [ 5 Marks] (b) Calculate the sensitivity of the project in relation to: [10 Marks] (i) Sales Volume (ii) Variable costs (c) Discuss your findings of section (a) and (b) above and advise whether the investment proposal is financially acceptable. [ 3 Marks