. A University in the western region of Canada is planning to build a new football stadium to solve the capacity problem it has with the current stadium. The construction will start in 2024 and is planned to take four years at a cost of Sio million per year. A fer construction is completed, the cost of operation, maintenance and repairs is expected to be $2 million for the first year, and to increase by 1% per year thereafter. Major overheit (major repair) for the stadium is to take place during the year 2017 at a cost of 88 million. The salvecrap value of the stadium at the end of year 2072 is estimated at ST5 million Consider the present to be the end of 2019/beginning of 2020 and the interest rate to be 6% a) Draw a cash flow diagram for this project (from present till end of year 2072). (8 Marks) b) Find the Present Worth of this project (10 Marks) 17 Mario c) Find is the Future Worth of this project. (Hint: make use of the PW calculated in b)