Investment Project Evaluation at Amgen

Requirements:

1. Evaluate Amgen's investment projects using NPV, IRR, and payback period methods.

Investment Project	Initial Investment ($)	Annual Cash Flows ($)	Project Life (years)
Project Kappa	15,000,000	4,800,000	4
Project Lambda	13,000,000	4,300,000	5

2. Calculate the NPV and IRR for both projects.
3. Determine the payback period for each project.
4. Recommend which project should be undertaken based on financial criteria.