What is meant by sensitivity analysis how can it be used to, Financial Management

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What is meant by sensitivity analysis how can it be used to

1. What is meant by sensitivity analysis? How can it be used to help improve investment appraisal techniques?

2. Describe the concept of efficient markets hypothesis and the three forms of market efficiency explain how we can test for market efficiency in financial market?

3. How is the cost of capital affected by capital structure choices? Explain how is the analysis affected by presence of corporate taxes?

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