927 McCann Catching, Inc. has 200 milion shares of stock outstanding. The stock currently sells for $12,80 per share. The firm's debt is publicly traded and was recently quoted at 92 00% of face value. It has a total face value of $16.00 million, and it is currently priced to yield 8.00% The risk free rate is 4.00% and the market risk premium is 8.00%. You've estimated that the firm has a beta of 1.37. The corporate tax rate is 40.00% The firm is considering a $42.82 million expansion of their production facility. The project has the same risk as the firm overall and will eam $10.00 million per year for 8.00 years What is the NPV of the expansion? (answer in terms of millions, so 1,000,000 would be 1.0000) Submit Answer format: Currency. Round to 4 decimal places