1. Frequently Corp has projected that their performance for the next five years will result to the following: YEAR 1 2 3 4 5 Revenue (in millions) 50.00 55.00 60.00 65.00 70.00 Cash Operating Expenses (in millions) Required (20 POINTS): 1. How much is the total Net Cash Flows? 2. How much is the Terminal Value? 30.00 33.00 36.00 39.00 42.00 The company owns a property originally acquired at Php50 million with useful life of 10 years. The terminal value was assumed based on the growth rate of the cash flows. The outstanding loans is Php16 million. Income tax rate is at 25%. The required rate of return for this business is 13%.