A company is bidding on a contract to build stadiums - one stadium per year, for four years. Initially, you will need $25 million to purchase equipment, with expected salvage value equal to 35% of initial value. Total fixed costs per year will be $10 million, and variable costs are $5 million per stadium. Assuming a tax rate of 20% and a required return of 15%, what is the minimum price per stadium at which you should accept the contract? The PVCCATS method applies because you will continue to work in this industry after this contract is finished. The CCA rate is 25%.