Answer Happy

1. Your dream car: Evaluate 3 brands of luxury cars (BMW, Lexus, Mercedes Benz) and determine the best method to procure: cash, continuous rent, lease through dealer, auto-finance through bank, personal loan from bank. You are going to have a new/used car after graduation until you can procure your dream car.
1- [20%] Considering all possible options (creative ideas = additional points) and limiting assumptions to min. 2- [30%] Estimating all cashflows (capital, expenses, savings, salvage value, opportunity cost...) with references 3- [30%] Applying the course material to estimate and calculate (backup slides might be required) a. Project parameters and its references (Ch3: Interest, Ch4: inflation, Ch9: depreciation + tax) b. Project evaluation criteria (Ch5: NPW + discounted payback period, Ch6: cost/profit per unit, Ch7: IRR) C. Future considerations (Ch11: uncertainty, Ch12: replacement; not to marriage topic obviously ☺) 4- [10%] Use AHP method, or similar tools, to compare alternatives (add financial criteria: NPV, AEC, payback ...)