A company considers investing in a new project, funded by 100% equity. It is a mining business in Chile which requires an initial one-time investment of $200mn. in Year 0. Once it starts operations, in Year 1, it will run forever and generate $200mn. in revenues, at an operating (EBIT) margin of 25% each year. It will pay 20% in taxes each year. To maintain its steady revenue and earnings stream, the project requires an annual CAPEX investment each year (starting in Year 1, forever) of $40mn. This annual investment does not create any D\&A. Assuming the company has a cost of capital of 8%, should it do the project? Please answer the following questions: (a) Perform the necessary P\&L, FCF and (N)PV calculations, and show the results of these calculations in the table in the solutions template by entering the respective numbers (b) Give a short verbal or numerical explanation of your numbers and whether or not the company should do the project. [Please insert your Question 1 essay answer here. Extend the length of the text box as much as necessary]