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6 Initial Outlay $50 million Year 1 $10 million Year 2 $20 million Year 3 $20 million Year 4 $10 million Year 5 $5 million

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6 Initial Outlay $50 million Year 1 $10 million Year 2 $20 million Year 3 $20 million Year 4 $10 million Year 5 $5 million The required rate of return is 15%. What is the NPV of the project? Round to the near hundredth million. Do not include any unit such as $, %, etc. (i.e. if your answer were -$1.23 million, type in - 1.23 as your answer without S and million) If there are multiple answers, then type NA

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