Double Helix Cenetics has a WACC of $11\mathrm{.}55\%$ and is considering a project with the following future cash flows, and initial investment of $$370$ million:

Year $1$

Year $2$

Year $3$

Year $4$

$$50$ milion

$$75$ million

$$100$ milion

$$400$ million

Which of the following statements is correct?

Reject the profect becausie the nee prosens value is $$65\mathrm{.}47$ milion