4. A firm is considering a project that is expected to cost 50 crore. The project, on an average, will generate after-tax cash flows of *7.50 crore per annum over its estimated economic life of 15 years. The firm's cost of capital is 15 per cent, and the risk-free rate is 8 per cent. The firm thinks that the cash flows will fluctuate and variance of the value of the cash flows will be 0.0676. As an alternative to taking up the project now, it is thinking of delaying the project. What should the firm do?