ORPIC SAOG's is planning a new cable manufacturing project for which they established a Joint Venture with Euro Cables PLC. The project will be constructed in three years and will run for 10 years after completion. The joint venture plans to raise long term debt from the Euro market in Euros. In Omani Rials 55 million Construction Cost Year 1 45 million Construction Cost Year 2 60 million Construction Cost Year 3 Preconstruction Cost 5 million 1.6 million Fee for arranging Interest Rate Swap Fee for arranging Bank Loan 1.5 million Unused Balances to cover cost over-runs 40 million Commitment Fees for Unused Balances 1.4 million 2.5 million Interest Expenses in Year 1 Interest Expenses in Year 2 5 million 8 million Interest Expenses in Year 3 Interest Expenses from Year 4 to 10 40 million CALCULATE TOTAL EXPECTED PROJECT COST Select on Unused Balances to cover costo Commitment Fees for Unused Balances 1.4 millio Interest Expenses in Year1 2.5 millior Interest Expenses in Year 2 5 million Interest Expenses in Year 3 8 million Interest Expenses from Year 4 to 10 40 million CALCULATE TOTAL EXPECTED PROJECT COST Select one: O a. None of these b.185 C265 d. 260 o e. 225