3. Acme Industries is considering building a plant. After an initial investment of $100 million, the plant will be completed in one year and then have the series of annual cash flows. After a year of start-up procedures, next year's cash flow will be $20 million, but a perpetual annual cash flow stream of either $15 million or $2.5 million will occur each year thereafter, depending on whether the economy is good or bad one year from now. Acme's managers can decide to immediately invest the $100 million, or they can wait until next year to decide whether to build or not. Assume that the risk-free interest rate is 5% per year and that $1 invested in the market portfolio today will be worth either $1.3 (if the economy is good) or $0.8 (if the economy does poorly). Compute the NPV of the project and decide whether or not it pays to wait. What if the next year's cash flow is $40 million and not $20 million