Belgravia Petroleum Inc. is trying to evaluate a generation project with the following cash flows:

- Construct a spreadsheet and calculate the following (the required rate of return is 12% ): Payback period Discounted payback period Internal rate of return (IRR) Modified IRR - The discounting approach - The reinvestment approach - The combination approach - Net present value (NPV) - Based on your analysis, should the company take the project? Why