Expert Answer :Finance assignment

Solved by verified expert :Text book : Cornett: Select ChaptersFinance: Applications & Theory 3 rd Edition w/Connect PlusISBN-10:1308108435 ISBN-13:9781308108438EXTRA CREDIT Worth 5 points. The submitted assignment must be complete; no partial assignments will be graded.Due by 11pm Friday 4/24/15 IN THE LAULIMA DROPBOX :)On page 334 (Top of page) complete the Integrated Mini-case – Project Valuation.Evaluate the project using the Payback period, discounted payback period, NPV, and IRR.For each method, indicate whether the project would be accepted or rejected.Page 334Research it! Business ValuationThe capital budgeting decision techniques that we have discussed all have strengths and weaknesses, but they do comprise the most popular rules for valuing projects. Valuing entire businesses, on the other hand, requires that some adjustments be made to various pieces of these methodologies. For example, one alternative to NPV use quite frequently for valuing firms is called adjusted present value(APV).To explore these alternative decision rules, do a Web search on Google (www.google.com)for APV and answer the following questions:1. What is APV, and how does it differ from NPV?2. What other business valuation models seem to be popular?Integrated mini-case project ValuationSuppose your firm is considering investing in a project with the accompanying cash flows, that the required rate of return on projects of this risk class is 11 percent, and that eh maximum allowable payback and discounted payback statistics for your company are 3 and 3.5 years, respectively.Time: 0 1 2 3 4 5Cash flow -$175,000 -$65,800 $94,000 $41,000 $122,000 $81,200Using every one of the capital budgeting decision methods discussed in this chapter, evaluate thisProject, indicating whether each decision rule would call for acceptance or rejection of the project.