Currently, the firm Z has a debt of 53.2 million, earning of 23 millions, and EBITDA of $28 million. the P/E and V/EBITDA of a comparable firm without debt are 7.8 and 9.5, respectively. if the goal the firm Z is to increase its original onwer's equity by at least 84.3233% with an IPO, and its investment bank charges $32 million for raising $332 million equity capital from new investors:

if the owner can keep a split of 80%, which of the following investing project allows Z to realize its goal, suppose all projects require the same investment?

the answer is : A project with a PV of $566.2 million

I want the supporting calculation.