Assume that the probability of substantial success for an investment in IP $($p$)$ is $0\mathrm{.}31.$ The rate at which expected cash flow is diminished each year after their initial potential is $0\mathrm{.}33$ and the required rate of return is $0\mathrm{.}16.$ How much would this investment in IP be worth per dollar of projected possible first year cash flow? $[2$ decimals, e$.$g$.,1\mathrm{.}40$ for $$1\mathrm{.}399]$