Which of the following statements correctly describes features of the sensitivity analysis technique as discussed in lectures? [Note in the following answers that NPVIOPT) NPV(PES) are the equivalent of NPVOP and NPV pes from lectures) It surgests that managerial attention should be directed to the variable that has the smallest difference between NPVIOPT) and NPVIPES) None of the other answers is correct It requires us to perform DCF cakulations while varying each variable in turn by a % amount from their expected values, where the amount is determined by reference to the likelihood of that outcome occurring More than one of the other answers is correct It requires no knowledge about the probability distribution for each varlable, Which of the following statements correctly describes features of the decision tree analysis technique as discussed in lectures? It involves the roll-forward procedure where you assess the earliest decision flest and then roll through the decision tree until you get to the most distant decision None of the other answers is correct The technique often becomes much einer to employ as the modelling of the cash flows and states of the world become more realistic It is primarily useful in deciding between independent projects that involve no choices during the life of the projects More than one of the other anwers is correct Which of the following statements correctly describes empirical evidence concerning real option analysis as discussed in lectures? The majority of managers surveyed don't use cal options analysis to assess new projects According to surveys, one of the main reasons put forward by managers for not using real options analysis it that the standard Dthod is a terrible method of project evaluation The fact that is seen to use lude rates fower than WACC a consistent with muragers acknowledge the importance of options analysis None of the there is correct More than one of the other answers comect