Estimated future rates based on purchasing power parity 1
Sales revenue, variable costs, component cost and fixed costs (in GR) 4
Taxable profits and taxation 2
Investment, terminal value and working capital 2
Cash flows in GR 1
Cash flows in $ 1
Discount rate of all-equity financed project 2
Base case PVs and NPV 2
PV of additional contribution, additional tax and opportunity cost 4
PV of tax shield and subsidy benefits 4
Closure costs and benefits 1
Initial comments and conclusion 1–2
Assumptions and sensitivity analysis 2–3

Max marks 27