97813373 TAP a search this course Moh Assignment Score: 8 85% Save 4 Que bon 4 of 7 Check My Work (8 remaining) Singh and would generate annual after-tax cash flows of $5 million generate only $1 million per year for the 3 years. If Project x is hugel of $12 million at the end of Year 2. Project Y would then be sold to another company at a price of $24 million at t a. If the company Co. is with Project X. The cost would be $10 million in Year 0, There is a 50% chance that X would be hugely successful 50% chance that X would be less successful and would it would open the door to another investment, Project Y, which would require an outlay per year during Years 1, 2, and 3. However, thers is a ly successful, he end of Year 3. Singh's WACC is 14%. does not consider real options, what is Project X's expected NPv? Enter your answers in milions. For example, an answer of $10,550,000 should be entered as 10.ss. Negative value, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answer t s -2.539 miltion b. what is X's expected NPV with the growth option? Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. if any, should be indicated by a minus sign. Do not round intermediate calculations Round your answer to thre decimal places c. What is the value of the growth option? Enter your answers in millions. For example, an answer of $10,550.000 should be entered as 10.S5. Negative value, if any should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to three decimal places s 4.057 million