Financial Modeling: Please see the instruction.1. Identify the four alternatives implicit in the case. Using relevant cash flow as the criterion, and an 8% annual discount rate to adjust for the time value of money, create a single table listing the relevant cash flows and the present value of each of the four alternatives. Which alternative is the most financially attractive? (Notes: 8% is the normal discount rate that TIPCo would use for this kind of planning; ignore taxes.)2. What would you recommend to Singh? Explain. What, if any, additional qualitative information would you like to be more confident in your recommendation?
