You open the report and find the following estimates (in millions of dollars): (Click on...

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image You open the report and find the following estimates (in millions of dollars): (Click on the Icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) 55.954 million per year for ten years, the project is worth $59.54 million. You think back to your halcyon days in finance class and realize there is more work to be done! 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? following estimates (in millions of dollars): $6.454 million per year for ten years, the project is worth $64.54 million. You think back to your halcyon days in finance class and realize there is more work to be done! accounting earnings are not the right thing to focus on! b. If the cost of capital for this project is 13%, what is your estimate of the value of the new project

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