1.Ityesi, Inc., a manufacturer of custom packaging products headquartered in Canada, wants to value a project in the United Kingdom. Ityesi is considering introducing a new line of packaging in the United Kingdom that will be its first foreign project. The project will be completely self-contained in the United Kingdom, such that all revenues are generated and all costs are incurred there. Engineers expect the technology used in the new products to be obsolete after four years. The expected GBP free cash flows of the proposed project are projected in the following table