A project if undertaken this year, year 0, costs $400 and generates expected perpetual cash flows or $38 from year 1 to perpetuity. Yet, if you wait a year, the project costs $400 and either generates $80 in perpetuity beginning in year 2 with a 40 percent chance or $10 in perpetuity with a 60 percent chance. The cost of capital of the project is 10 percent. What is the net present value of the project, taking into account the real option to wait? Select one: a. $108.90 b. $0 c. $145.45 d. -$20.00 e. $15.13