Question 2 (12 Marks] A project's annual (operating) cash flows for the next five years are R1 2 million, R1 4 million, R17 million, R2 million, and R2 5 million Assume a discount rate of 15% and a terminal growth rate of 4% Required: 21. What is the terminal value for assessing the cash flows after the fifth year? 22 What is the total value of the cash flows for the company? 23 What proportion of the total cash flow value is dependent on the terminal value