Ricoshee Trucking Co (RT) plans a 50%/50% Joint Venture (JV) with Smart Transbots Co (ST). RT invests 500 MEUR for a 50% ]V with a life-span of 25 years, The project's value drops by 1/25th per year, ie, by a dividend yield of 4% pa, which means cash flow stream is finite and terminal value is not significant. The present value of the 50% JV free cash flows for RT is estimated as 460 MEUR. ST has offered to buy RT's 50% share at any time during 3 years for 400 MEUR, RT decides to get out of the venture. The volatility of the project value is 50% pa. And the risk-free rate is 2% pa. What is the net value of the 50% ]V for RT a without considering the buyout offer from ST? b. considering also the full impact of the buyout offer! Ricoshee Trucking Co (RT) plans a 50%/50% Joint Venture (JV) with Smart Transbots Co (ST). RT invests 500 MEUR for a 50% ]V with a life-span of 25 years, The project's value drops by 1/25th per year, ie, by a dividend yield of 4% pa, which means cash flow stream is finite and terminal value is not significant. The present value of the 50% JV free cash flows for RT is estimated as 460 MEUR. ST has offered to buy RT's 50% share at any time during 3 years for 400 MEUR, RT decides to get out of the venture. The volatility of the project value is 50% pa. And the risk-free rate is 2% pa. What is the net value of the 50% ]V for RT a without considering the buyout offer from ST? b. considering also the full impact of the buyout offer