the project is worth $38.24 million. You think back to your halcyon days in finance class and realize there is more work to be done! is overhead that will be incurred even if the project is not accepted. Finally, you know that accounting earnings are not the right thing to focus on a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? b. If the cost of capital for this project is 8%, what is your estimate of the value of the new project? the project is worth $38.24 million. You think back to your halcyon days in finance class and realize there is more work to be done! is overhead that will be incurred even if the project is not accepted. Finally, you know that accounting earnings are not the right thing to focus on a. Given the available information, what are the free cash flows in years 0 through 10 that should be used to evaluate the proposed project? b. If the cost of capital for this project is 8%, what is your estimate of the value of the new project