$5\mathrm{.}0$

You are considering opening a new plant. The plant will cost $$100\mathrm{.}0$ million upfront and will take one year to build. After that, it is expected to produce profits of $$30\mathrm{.}0$ million at the end of every year of production. The cash flows are expected to last forever. Calculate the NPV of this investment opportunity if your cost of capital is $8\mathrm{.}0\%.$ Should you make the investment? Calculate the IRR. Does the IRR rule agree with the NPV rule?

The NPV of this investment opportunity is $ million. $($Round to two decimal places.$)$