This video guides finance students through comprehensive cash flow estimation techniques, focusing on bond and equity valuation, and how they contribute to calculating the weighted average cost of capital (WACC). Using the case of Amaze Telecom, we explore key financial concepts such as initial investment, sales projections, operating cash flows, fixed and variable costs, depreciation, and sunk costs. The video demonstrates how to calculate the cost of equity and cost of debt to ultimately assess a project’s net present value (NPV), leading to a rejection decision. This tutorial empowers students with the practical tools to evaluate investment opportunities confidently.