ABC Corp. is planning to purchase SPC Ltd. This project would require an initial investment of $200 million. ABC estimates that SPC would provide constant net cash flows of $30 million at the end of each of the next 10 years. After 10 years, the SPC will have no residual value. The estimated opportunity cost of capital of the project is 10%. At the current time (i.e., t=0), ABC also realizes that there is a probability of 50% that the net cash flows will be $20 million a year, and a probability of 50% that the net cash flows will be $40 million a year for the next 10 years. One year from now, ABC will find out with certainty whether SPC's net cash flows will be $20 or $40 million. In addition, ABC realizes an option that it could sell SPC 3 years from now for $180 million. a) If ABC decides to buy SPC today and keeps running SPC's business for 10 years, what is the NPV of the project? b) If ABC waits for one year to purchase SPC, what is the best decision ABC should make in each scenario of the SPC's net cash flow? c) What is the expected NPV of the project if ABC waits for one year to purchase SPC, taking into account the best decision ABC makes following part b