10. The cash flows of a project which requires an immediate investment of $80, 500 is given below: Year 1 2,000 Year 2 6, 500 Year 3 7, 200 Year 4 7,800 Given the discount rate is 8% and the free cash flow is expected to grow at an annual rate of 3% after the fourth year. What are the NPV of the project and the year 4 terminal value? a) 56, 478; 156, 000 b) 56, 478; 160, 680 c) -61, 627; 156, 000 d) -61, 627; 160, 680