Problem 4: SEC is considering a project to develop a prototype for a solar-powered jet. This project will take one year and cost $100 million. There is a 75% chance of success. If the research is successful, a further investment can be made of $1,500 million and will result in cash flows of $900 million for the next five years. Under failure, undertaking the second investment will result in a negative NPV. Compute the NPV of the project. Assume that the discount rate for this project is 15%.