You work for a pharmaceutical company that has developed a new drug. The patent on the drug will last 10 years. Vou expect that the drug's profits will be 5.3 million at the end of its first year and that this amount will grow at a rate of 6% per year for the next 10 years. Once the patent expires, other pharmaceutical companies will be able to produce the same drug and competition will mean profits will then decline after year 11, at a rate of 16% per year forever a. What is the present value, in millions of the cash flows from the new drug if the interest rate is 12% per year? b. What is the maximum the company should be willing to invest, in millions, in this project to break even in NPV