Singh Developenent Co. is deciding whether to proceed with Project x. The after tax cost woeld be 112 million in Year 0 . There is a 50% chance that X would be hugely successhul and would genegte annual after tax cash flows of 510 anillion per year during Years 1. ?, and 3. Howeves, there is a 50% chance that X would be less succesufil and would generate after taox cash flom of conly $1 million per year for the 3 years. If Project X a tugely successid, it would open the door to another investmenit, Projert Y, which would sequire an aftec-tak outlay of $10 mition at the end of Year 2 . Froject Y would then be sold to another compary netting $20. million after taxes at the end of Year 3, Singhis Whoc is 974. a. If the cocrpany does not eonsides real opbons, what is Project x 's expected Niv? Enter your ansiwers in millions. for examples, an arswer of $10,$50,000 should be entered as 10.55, Neggative value, if anr, should be undicated by a minus sign, Do not round intermediate calculations. Round your answer to three decamal places. b. What is X4 expected NFV with the growth option? Enter your anowers in millons. For eximple, an answer of $10,550,000 shoeld be entered ats 10.55. Nhgative value, if arg, should be indicated by a mitus segn, Do not round intermediate aniculations. Fiound rour answer to three decimal places. C. What is the value of the growth option? Enter your answers is mithors: for example, an answer. of $10,550.000 should he entered as:10.55. Nngative value, if any, should be indicated by a minus sign. Do not round intermedate calailations. Round your answer to three decimal places