Peter Beck Ventures (PBV) invests in a new rocket venture using a 50% rate of return. The expected cash flows for the rocket venture by year are: Year 1 2 CF -75 -50 75 190 400 3 4 5 Answer the following. a) Assume the Year 6 cash flows are $400 and is expected to be $400 in perpetuity. What value does PBV assign to the venture? b) Assume the year 6 cash flows are $424 then grow at 6% per year in perpetuity. What value does PBV assign to the venture? c) The assumptions in part b hold; however, PBV discounts cash flows beginning at year 6 at 25% rate of return. What valued does PBV assign to new rocket project? (hint: The ROR is still 50% for cash flows from years 1 through 5.) d) The assumptions in part c hold (i.e. assume $424 t=6 cash flows, an 6% growth rate in perpetuity from year 6, and 25% rate of return in perpetuity.) Graham Henry invests $300 in the project. If PVC has funded the project (i.e. Graham's investment is not required to meet the CF forecast). What is Graham's ownership percentage