A company is offered an investment where the following cash flows are being observed: Time (Y) 0.5 1.0 1.5 | 2.0 2.5 Annualised Rate (%) -0.1 0.2 0.3 0.5 0.6 Cash flow ($) 25 20 10 10 25 Table 1: Cash flows amounts in the investment 3.0 0.9 50 The investment provides a cash flow every 6 months and the interest rate environment is as stipulated in Table 1. (a) Given the following cash flows, make use of discrete compounding to evaluate the present values of the cash flows from the investment, corrected to two (2) decimal points. Hence determine if the project is good to proceed if it is priced at $120. (10 marks)