''''AS a financial consultant employed by easyjet plc, you have been asked to evaluate the financial viability of a project involving the automation of the customer check-in-system at airports.This is expected to cost £7.5 million pounds in 2008.This project should result in cost savings of £3.5 million pounds in 2009 rising by 3% per year.Maintenance costs are expected to be £0.375million pounds per year which are expected to rise 2% each year.Other expenses associated with the system are expected to approximate to £0.1million per year.The automated system has a useful economic life of 5 year.Easyjet proposes to align depreciation with capital expenditure allowances which can be assumed to be 25% writing down allowance.Assumed that corporation tax is 30%'' ======================== (A)Using this information above and information from published sources(published accounts,FAME,Yahoo finance etc), carry out investment appraisal of the proposal and make recommendation taking into account non-financial factors including developments in the current economic situation.State relevant assumption made. (B).Choose ONE of the following areas in relation to your appraisal and discuss the issues/problems making reference to the appropirate theory; -Issues in investment appraisal. -Cost of capital. -Risk