How important are assumptions in preparing a business project feasibility? Justify your answer. What is an example of a faulty assumption and how does it affect the financial study of the project feasibility?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter1: Introduction To Finance For Entrepreneurs
Section: Chapter Questions
Problem 12DQ
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How important are assumptions in preparing a business project feasibility? Justify your answer. What is an example of a faulty assumption and how does it affect the financial study of the project feasibility?

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