The following project is up for review. The financial and economic data is below. Revenue growth for the 1st 3 years is flat at 40,000; then it increases by 3% going forward but the rate of revenue growth could be as low as 1 and as high as 5% the product is new; so no impact from competitors till year 3 at that point they come at us at a rate of 20% indefinitely the discount rate may vary between 8 and 12% Operations and Maintenance varies betwwe 15 and 30,000 Our initial commitment is $100,000 We can sell some of our fixed assets in year 10 for 18,000 Qstn 2 Answer the following questions. What is the likelihood of this project being profitable? What is the chance making at least $60,000? The following project is up for review. The financial and economic data is below. Revenue growth for the 1st 3 years is flat at 40,000; then it increases by 3% going forward but the rate of revenue growth could be as low as 1 and as high as 5% the product is new; so no impact from competitors till year 3 at that point they come at us at a rate of 20% indefinitely the discount rate may vary between 8 and 12% Operations and Maintenance varies betwwe 15 and 30,000 Our initial commitment is $100,000 We can sell some of our fixed assets in year 10 for 18,000 Qstn 2 Answer the following questions. What is the likelihood of this project being profitable? What is the chance making at least $60,000