The current value of a drug technology is $500 million. A company has calculated the NPV of outright investing (without any options) in the drug technology today is -$20 million. The pharmaceutical company wants to wait and see since the price of the technology is changing rapidly with a volatility of 25% per year. Suppose the project allowed the firm to buy the drug technology for $700 million in two years time. What would be the new NPV? Use Black-Scholes model! Interest rate is 3%