Suppose Alcatel-Lucent has an equity cost of capital of 10%, a market capitalization of $10.8 billion, and an enterprise value of $14.4 billion. Suppose Alcatel-Lucents debt cost of capital is 6.1%, and its marginal tax rate is 35%. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the following expected free cash flows ( in Million) ?

Year 0 1 2 3

FCF -100 50 100 70