A firm is considering a project that will result in the following cash flows: Investments will be required at the beginning of each year for the first 6 years. The initial investment will cost 42 million, and each subsequent investment will decrease by 7 million. Annual revenue payments will be paid into perpetuity, starting at the end of year 1. Revenue payments will increase for the first 11 years, and will decrease every year thereafter. The first revenue payment will in the amount of 2 million. Annual revenues will increase by 2 million each year for the first 11 years, reaching a maximum of 22. The revenue payments occurring after the end of year 11 will each be 3% less than the previous payment. Assuming that the cost of capital is 8%, calculate the NPV of this project, in millions of dollars. 27.875 26.760 25.645 24.530 28.990