2. A firm has a patent on a drug for 15 years. The firm will incur an expenditure of 250 crore to develop and market the drug. The present value of the expected cash flow from the sale of the drug is estimated as *340 crore. The average variance in the value of the project is 0.268. The current yield on 15-year government bonds is 7.8 per cent. What is the value of the patent to the company?