You are consideribg a project that will cost 13 million at time 0. there is a 55% chance thst the bew product can generate 3.5million annual cf per year forever, and a 45 chance that it csn generate 1 million annual cf forever. Yiou can expand the same budiness to 3 ither locations when the projext is sucessful, assuming tgat yiu can find out the first day whether the project will be sucessful. What is your expected payoff? use a 15% discount rate.