A company plans to expand operations by building a new factory in Hudson Ohio. The factory requires an initial outlay of $75,000,000 and is expected to generate the following net cash flows over the next 10 years. The project has an expected terminal value of $10,000,000 (included in $35,000,000 CF10 below) The company uses a required rate of return for this project of 10% Note: period 10 includes scrap/terminal value 1 2. 3 4 5 6 7 8 9 10 (18,000,000) 23,000,000 32,000,000 46,000,000 46,000,000 46,000,000 35,000,0 32,000,000 28,000,000 35,000,000 2 Calcualte the discounted value of project cash flows (value without initial outlay) a. 155,125,325.00 b. 170,891,021.00 174,999,999.00 d 111,824,501.00