Assignment AGR $302$ Spring $2025$ Name:$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ You have just graduated from college and want to start your own farm. You have three potential options: $(1)$ a cow$/$calf operation, $(2)$ grow your own crops, or $(3)$ a feed lot where you finish cattle. All three require an investment of $$100,000.$ The resulting profits for each option are: Option $1$ Option $2$ Option $3$ Year $1$ $$15,000$ $$45,000$ $$30,000$ Year $220,00040,00030,000$ Year $330,00035,00030,000$ Year $435,00015,00030,000$ Year $555,00015,00030,000$ The required$-$rate$-$of$-$return for the investment is $8\%.$ Which option would you choose using the: a$.$ simple$-$rate$-$of$-$return method? b$.$ payback period method? c$.$ net present value method? d$.$ IRR method? e$.$ MIRR method $($using $5\%$ as cost of capital$)?$