When estimating cash flows for capital budgeting purposes,
It is best for a third party to do the projections because they will be more objective than the person who generated the investment.
It is best for a third party to do the projections because they will be less objective than the person who generated the investment.
It is best for the person who generated the investment to do the projections because they will be less objective than a third party.
It is best for the person who generated the investment to do the projections because they will be more objective than a third party.