evaluate the new project using the Adjusted Present Value and Flow-to-Equity methods

Your company is expanding the production and plans to shift production to Thailand. To enable the expansion, they are contemplating investing $1.7 billion in a new plant with an expected 10-year life. The anticipated free cash flows from the new plant would be $250 million the first year of operation and grow by 10% for each of the next two years and then 6% per year for the remaining seven years. As a newly hired graduate in the capital budgeting division you have been asked to evaluate the new project using Adjusted Present Value, and Flow-to-Equity methods, i.e. to compute net present values with each method using the appropriate costs of capital provided