You are a manager at Northem Fibre, which is convidering expanding ts operaions in synthetic fibre manulacturing. Your boss comes into your office, drops a consirtarfs report on your iteak, and complans, "We cwo these consuitants 51.7 mition for this report, and I am not sure their analysis makes sense. Heilore we spend the $17m. b. It the cost of capital for this project is 12\%, ahaths your estimate of the valie of the new project Vahe of project =1 milion (Round to three decinal placeb.)