In the first part of this article,the background of Project Eastern Pearl Garden is introduced.And then,in the second part, after the two preliminary alternatives of Project Eastern Pearl Garden are compared, Financial Inner Return Ratio(FIRR) and Financial Net Present Value(FNPV) and Payback all meet the requirements, but the second alternative is better. After analysizing the alternatives with equilibrium analysis ,sensitivity analysis and probability analysis, anti-risk abilitys of these alternatives meet the requirements, and the second is better. Then Project Eastern Pearl Garden is feasible.
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