FNCE 623-Financial Management Individual assignment Agape Mining Inc. is evaluating a project with the following...

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FNCE 623-Financial Management Individual assignment Agape Mining Inc. is evaluating a project with the following cash flows: Year 0 1 2 3 4 5 6 7 8 Construct a spreadsheet and calculate the following (the required rate of return is 11%): o Payback period o Discounted payback period o Internal rate of return (IRR) Modified IRR o Cashflow -$380,000,000.00 $79,000,000.00 $82,000,000.00 -$53,000,000.00 $175,000,000.00 $195,000,000.00 -$40,000,000.00 $188,000,000.00 $71,000,000.00 The discounting approach The reinvestment approach The combination approach o Net present value (NPV) Based on your analysis, should the company take the project? Why?

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