What are the four steps of capital investment analysis:

Question 2 options:

Estimated the expected cash flow, assess the riskiness of those flows, estimate the appropriate opportunity cost of capital, and determine the project's profitability and breakeven characteristics.

Estimated the expected debt flow, assess the riskiness of those flows, estimate the appropriate opportunity cost of capital, and determine the project's profitability and breakeven characteristics.

Estimated the expected cash flow, assess debt flow, estimate the appropriate opportunity cost of capital, and determine the project's profitability and breakeven characteristics.

Estimated the expected cash flow, assess the riskiness of those flows, estimate the appropriate opportunity cost of capital, and determine the project's loss and breakeven characteristics.