constant for eight years. Total manufacturing costs and operating expenses $($excluding depreciation$)$ are $80\%$ of sales, and profits are taxed at $30\%.$

a$.$ What are the free cash flows of the project?

b$.$ If the cost of capital is $15\%,$ what is the NPV of the project?

a$.$ What are the free cash flows of the project?

The FCF for year $0$ is $$,$ million. $($Round to three decimal places.$)$

The FCF for years $1-7$ is $$0\mathrm{.}631$ million. $($Round to three decimal places.$)$

The FCF for year $8$ is $$$ million. $($Round to three decimal places.$)$